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

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To: keith massey who wrote (940)9/21/1999 9:42:00 AM
From: Claude Cormier  Read Replies (1) of 5053
 
<< You mentioned a burn rate of .01/quarter when in reality over the past 18 months they have been in a state of positive cash flow and only should a few loss in the past 6 month because of where the money is being held.>>

DOn't think I said anything about a burn rate of .01/q...just said the stock was going down .01/q all factors included. The new trend in the $C will accelerate this drop IMO. But, even then... it will probably not matter too much.
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