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

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To: Claude Cormier who wrote (929)9/21/1999 9:53:00 AM
From: Condor  Read Replies (1) of 5053
 
Regarding the Loma de Niquel:
You are correct in discounting this asset at this time, however, with Minorco ( a HUGE mining co.) developing this property I would venture a guess that some day they will take JDX out and JDX will be receptive to it. It will be very interesting to see the valuation given to that 7 1/2 % when the time comes. I suspect it will be quite substantial. All in all, a nice little "mad money" stash tucked away in JDX's wallet.
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