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value1008

03/31/10 4:30 PM

#989 RE: gpg #988

I talked with Darren, who used to have that little I.R. firm that repped JADA many moons ago. Darren liked the company and thought they were solid.

But i didn't need his words to know that.

All of us who've gone over their SEC filings with a fine-toothed-comb know that this is a conservative management team, very successful with their large-scale former business (the Jiangxi Xida wood-carving firm), and likely to take JADA into vertical integration sooner than we might think-- which could easily bring the co. 1.00 - 1.20 in annual EPS within a few years of such vertical integration.

As a "contrarian value investor," i was stunned to find a profitable company distributing/selling such a valuable, esteemed commodity in China (jadeite), with zero debt, low cash burn rate, extremely high profit margins, and a pure play on China's fast recovering domestic economy.

I don't need to speak to management (I'm not fluent in Mandarin) to know that this is a company that can deliver.

Evidently i'm not alone. The buying pressure supporting this stock upward is incredible. Some of the most recent pressure is surely from Zack Buckley's article that briefly touted JADA for SeekingAlpha and TheStreet.com readers.

Zack informs me he wants to meet and speak with JADA's management on his forthcoming China trip. I know that Gary Rohland, Glen Bradford, and Yicheng Tong with their new I.R. firm China Growth Partners also want to make contact with JADA at the appropriate time.

Btw, i'm working on finishing a long, 2-part article about jade and JADA for Seeking Alpha-- hoping they'll accept such an article for what is still technically a "penny stock."

If that article gets accepted, i surmise (judging from the effect of Zack's article) that interest in JADA will soar. Mind you, i disclose in the article that i have a very hefty "long" position.