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

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To: Riverlightning who wrote (1515)11/6/1999 11:45:00 AM
From: keith massey  Read Replies (2) of 5053
 
I finally finished the summary post...remind me not to undertake a task like this again <ggg>

For the record - I first purchased JDX at .42-.65 last Dec 98 - March 99. I sold the large majority of these holding in April 99 from .98-1.10. I sold my shares back then because at the annual general meeting held in April management appear to be only at the start of a large restructing plan. My plan was to buy back my shares at a lower price during a news blackout and hold them for the big announcements due out later in the year.

During the past 6 months I have been accumulating shares between .83-.66. I now hold a very health position with an average price ~.73. I have also purchased shares the past few days as the momentum has started to pick up adding to my current position. I have not sold a single share in the last 6 months and have not sold any into the current run. I have a set price target substantially higher then the current price. At this point I will sell half my position and hold the other half of my position long term.

I like to be very straight forward with my intentions and positions in a company.

Best Regards
KEITH
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