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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?


To: Roebear who wrote (3165)3/9/1998 11:23:00 AM
From: J.L.  Respond to of 4571
 
Always good to hear your opinion and summary of the action. I agree that the action (if/when it comes will be fast and furious and hope to get in during the relative quiet at a fair price. I absolutly hate to buy a stock and then have it drift down, insiting my self doubt and distain. As a result am biding my time on this one. I agree with you that 1/2 seemed to be a basement a month ago, now it seems to be 3/8- 7/16. That seems to be a rational place to put in an order. The volume seems to be settling as the price does.

Thanks again, JL



To: Roebear who wrote (3165)3/12/1998 11:17:00 PM
From: gtoland  Read Replies (1) | Respond to of 4571
 
Robear,
A friend of mine gave me an article that included this statement about the Original Sixteen to One Mine, you will find it interesting.
"The Sixteen to One high-grade is richer than any other for which I have seen comparable data. (This was in 1947 by H.R. Cookes) Scattered in a vein otherwise assaying about 0.04 oz., several hundred shoots have been mined, producing up to 78,000 oz. each, and running from 2,000 to 6,000+ oz., or on the order of 100,000 times richer than adjoining veins. One block of high grade ore weighing 160 lbs. averaged 16,800 oz. The recorded tonnage mined from the vein through 1942 is 608,012+ tons with an estimated yield of 749,179+ oz. of gold, of which hand sorted high grade constitutes 164+ tons producing 548,759+ oz."
This is very interesting and no one ever knows when they will strike gold. It only take a a little luck.

gary :)