T.ITE: iTech Capital (TSE) Message Board

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

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To: Lola who wrote (985)	9/23/1999 12:59:00 PM
From: keith massey	Read Replies (1) of 5053

Lola... Out of the 30 million shares out I would put the public float at around 5-9 million. What we know for sure is - Insiders 6 million, Haywood (Tognetti) 3 million, Large European Group 6 million, and a couple of funds close to Brian Hinchcliffe own a bunch of shares....that takes care of 15-18 million. There are always a couple of institutions holding that nobody knows about so that is why I say the public float is around 5-9 million. I don't see .62 as cash value....even JDX on the phone says there cash value is .68-.69....I see it at .70 from my calculations plus whatever they can get for the old mining properties. But like I said in the past....a couple of pennies don't matter in the end. You are correct about tax-sell session. JDX is 50/50 for getting hit by tax sell off...In 96, JDX tripled in price from Oct- to end of Dec and also rallied in Dec. on other previous years. In 97 they go hit hard (Brex). The last couple of years have been average in Nov.-Dec. The factor that should make the difference this time around is the Medsite.com IPO. Best Regards KEITH

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