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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

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To: Crazy Canuck who wrote (598)6/22/1999 12:54:00 PM
From: keith massey  Read Replies (2) of 5053
 
Hey Crazy

Great to have you back on board. Hopefully we won't have to wait long for the next news release. Although the market doesn't seemed to be overwhelmed by the news I think it is a great first step in the right direction.

correct me if I am wrong, but doesn't Kaiser have a $10 price target on this stock by the end of year

From Kaiser's last report on JDX on May 31.

in order to make some serious coin from Jordex they will need a project that takes the stock past $10 not just on promotion but on substance

JDX has already stated that they want to get on the NASDAQ in the next year. They will need to get their price to at least above $6 for a month if they want to a listing. Or....they take the backdoor route through a reverse takeover of a NASDAQ shell. Either way I am happy.

rest of the ~$18.5 million that they have left

According to the last numbers they should have around $20-21 million after they do the private placement.

Best Regards
KEITH
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