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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)
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To: John Powell who wrote (1378)11/3/1999 12:03:00 PM
From: Kevin Hamlin  Read Replies (2) of 5053
 
Nothing wrong with wanting it cheaper. The question is whether you'll get it! The pace of trades going through even at the .78 level is slowing down noticeably. At a certain point, buyers will have to capitulate and start taking out the .80 level if they want in, and especially so if they want any size. With over 50,000 shares now bidding .75 and above, it shouldn't take too much longer (my own sense is today). On top of that, the Yorkton selling appears to have changed for the better which I imagine will help as well.

Regards,

Kevin
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