reserves increase, page-6

re: re jak for tigerten Hi B2,

No need to be too defensive. Without wishing to be patronising I think that on the surface of it, your call, at the time you made it was reasonable. However as someone else pointed out at the time, JAK is a thinly traded stock and with these, caution is required. While TA is of value in many situations, fundamentals also matter. In a stock like JAK just a few shares bought or sold can make a hell of a difference either way, hence a knowledge of what the current gold environment and what management were doing would also be necessary to balance up your TA view.

Hope this helps.

Cheers,