T.ITE: iTech Capital (TSE) Message Board

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

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To: marcos who wrote (709)	7/18/1999 10:47:00 PM
From: Claude Cormier	Read Replies (2) of 5053

Just checked the last Q to March 31..and they had $21.2M cash. They recieved $700K in private placements and spent $1.5 on Medsite for net f $20.4M. Based on 30.3M shares..that should be $0.67.. But I could be wrong. << it is that it is a demonstration of the fact that management is both connected and astute.>> Indeed...and is the most important reason why I am still in despite the fact that the Internet bubble is over. Diamondwork has the kind of share structure that usually keep me away. But I must admit they have very good reserves and seems to have a production paln that will allow major increase of revenus in the months ahead. They have a powerpoint presentation on their site...have you seen it..Is it worth a download? My only diamond play now is Canabrava via SWG. CC

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