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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)
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To: Stuart Carmichael who wrote (921)9/20/1999 12:57:00 AM
From: Condor  Read Replies (2) of 5053
 
Stu, their burn rate is only $ 80,000/month as was stated in an earlier post. That's only $ 1 mm per year, they have $ 21 mm and probably after Medsite IPO they'll end up with 30-40 ? million. I also believe the cash value of this stock is .67 per share 30 million shares div. by $ 21 million, so no ones selling below cash value. Keith has investigated and concludes insiders are not selling. Your impatience may be lost opportunity. Best of luck to you whatever you decide. Regards ...C
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