T.ITE: iTech Capital (TSE) Message Board

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

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To: Claude Cormier who wrote (699)	7/16/1999 5:44:00 PM
From: marcos	Read Replies (2) of 5053

"...with 0.67 in cash ..." - it was ~.77/sh in cash before the 1milUS went into medsite.com, so 1.5milCdn over 30mil shares would be ~.05/sh, so i figure there's .72/sh in the kitty. Could be wrong, though - that's just from dim memory. The big thing imho about the medsite.com deal is not just that jdx stands an excellent chance of making a good buck - it is that it is a demonstration of the fact that management is both connected and astute. That'll make us a lot more in the end than they take in on the medsite deal. Have you ever looked at dmw, Claude? ... i'm quite fascinated with what's happening there lately ... don't know what's up with it exactly but i do suspect positioning by somebody for something major. I'd like to see the details on the medsite convertible note too ... it's not on edgar, since the prospectus isn't out yet ... haven't checked jdx's sedars for it yet though .... cheers ps - nope, nothing yet, just the 21June news release - sedar.com pps - 'nothing found' - sec.gov .. 3 false [i think] hits - sec.gov

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