Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: virginijus poshkus who wrote (3386)	4/8/1998 7:56:00 PM
From: Brian Pastor	Respond to of 4571

Let's see, the company just announced 1.24 oz per metric ton in the first round they took out of the virgin ore block and had indicated presence of gold was intensifying as they went along. So what it looks like is if the first round (20 tons per round and six feet in per round) came out at 1.24 oz, and the gold is intensifying, this really could be reasonably considered a RICH strike and one that could even lead to some truly amazing oz/ton. Remember it said INTENSIFYING. So let's say your a day trader and waiting for it to hit 50 cents as our friend Eric said. The very real possibility is that one significant round in this intensifying gold/quartz they are mining may really pull out something that would cause the stock to spike. I am willing to sit and wait. Everyone needs to decide for themselves what to do. I admit, that Eric has been right on this issue, but he has been consistently predicting a down turn even when the stock was rising. While I respect his opinions, I have also seen him pointed out as dead wrong on this stock as well. You know If I predict on a small penny stock that it will dip long enough, chances are I wil be right. Eric said he participated in the recent spike, but I never saw a post from him saying today I bought in at x cents, so we only have his word that he timed this one right. Next time Eric, let us know where you bought in. biz.yahoo.com