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

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To: marcos who wrote (1118)10/14/1999 5:40:00 PM
From: keith massey  Read Replies (1) of 5053
 
I wanted to load up on shares one more time in the low .70's before JDX finally makes the run so I decided not to post for a week until I got my fill on shares. Well I have loaded up this week and my vow of silence is now over and I can share a couple of pieces of new information.

Just in case nobody noticed....today's volume at 157,000 was the largest in 2 months. The break above .70 for the past few days has also broke us to the upside of the large symmetric triangle/bullish wedge that has been forming for 6 months. Now that is something technicans like to see <ggg>

Someone mentioned a while back that Canaccord usually has their hands in the pie when deals like this go down. Sure enough, Canaccord was on the buy today with Net 37,000 shares. Although this is not a ton of shares there was a block for 20,000 and 10,000 bought at the offer....that caught my eye. In addition Canaccord was a net buyer the past couple of weeks.

Best Regards
KEITH
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