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

To: veritas who wrote (551)	8/10/1998 8:26:00 PM
From: Chuca Marsh	Read Replies (1) \| Respond to of 1044

Hey Dave a new rec on a Newletter Writter I met last year on a tour: miningstocks.com <<.. HOTLINE MESSAGE - August 15, 1998 This is Jay Taylor speaking for Taylor Hard Money Advisors, publisher of J. Taylor's Gold, Resource & Environmental Stocks newsletter for the week ending August 8, 1998. This hotline message has normally been updated at 8:00PM EST unless otherwise noted. JABA INC. announced that it has acquired a 4 billion pound copper deposit and that the only foreseeable adjustment to that drill-defined resource will be upward. Management states that even at $0.75 copper, the raw value is $3 billion dollars. After extraction, even if one pessimistically assumes only 50% recovery and production cost of $50 cents/lb, the profit generated would be $750 million. Each penny over $0.75 adds $20 million in profits to the project. This acquired deposit, which is located in southeastern Arizona, is to become an insitu SX-EW production facility. It was acquired from Delta Exploration Group as per a July 27th announcement for one million shares of Jaba Inc. $7.5 million in cash to be paid out of operating profits and a 5% NSR paid after the $7.5 million purchase price is repaid. I hope to tell you more about this in my September issue. In the mean time, call Jim Alexander at 1-800-220-8143 or the company directly at (502) 327-7440. I also strongly suggest you visit the company's website at www.jaba.com...>> Jay Taylor actually took notes talking to people, I wonder... Naah.. Chuca