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


To: Chuca Marsh who wrote (572)8/26/1998 10:01:00 AM
From: lostmymoney  Read Replies (1) | Respond to of 1044
 
Ain't this the truth. Found this in a mining article.

'Ever since the infamous Bre-X scandal last year, in which investors lost millions of dollars in a phony gold mine in Indonesia, the entire sector has been off Wall Street's radar screen, driving the price of securities of public companies like Panther to all-time ridiculous lows,'' according to TransMedia's Founder and Chairman, Thomas J. Madden, who is author of a new book entitled ''Spin Man.'' ''Now with the Asian crisis spreading to other emerging markets like Mexico, it's like being hit with a double whammy,'' he added.

Mike