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Gold/Mining/Energy : JABA INC.(c.jba) -- Ignore unavailable to you. Want to Upgrade?

To: Chuca Marsh who wrote (371)	4/7/1998 3:06:00 AM
From: Alex	Read Replies (1) \| Respond to of 1044

Hi Chuca. Don't know if everyone has gotten the latest flier from Jaba, dated Mar. 23rd\98, but I thought I'd pass on a few tidbits from it. Their PDAC display in Toronto featured 5 properties they soon hope to joint venture - Niko, Centauro, Bautista-Cachora, Gap Tank, and Apache.Two other JV offers have been made to Jaba and are currently being looked at. Their objective is to finalize 6-10 JV's by Dec.31st\98 and a further 6-10 in 1999, with another 5 in the year 2000. As they say, you can draw your own conclusions regarding the potential of a major strike resulting from such intense exploration activity. There is currently 28.4 % management ownership. Regardless of how I feel towards Madels, one thing that I do credit him with is his recognition of Guilbert and Briscoe as world class geologists. Jaba's day will come IMHO.