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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)
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To: keith massey who wrote (697)7/16/1999 12:00:00 PM
From: Claude Cormier  Read Replies (2) of 5053
 
<< In my opinion any close above .82-.84 or higher would probably show that the .70 really was the bottom and our climb back up the hill has finally started. >>

MAke sense with 0.67 in cash per share.

At current price though, there investment in Medsite is value at $6M (US$4M).

Keith, do you know more than what has been published about this $1 M convertible note. It must have some parameters base on which we can estimate potential... EG.. (min-max coversion rate, min-max % of total shares outstanding .. things like that.)

CC
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