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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)
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To: teevee who wrote (1907)11/16/1999 7:24:00 AM
From: Kevin Hamlin  Read Replies (2) of 5053
 
<<<Maybe JDX could get to $2.50 or $3.00>>>

Imho Teevee, the people who are heavily invested in JDX (see Keith's summary) are certainly looking for a better return than just $2.50-$3.00 If this price level was all they were hoping for or expecting, there are simply too many other quality places for these people to park their time, energy, and $$$'s. Personally, I think they're expecting a much higher share price.

Keith, I remember a post of yours that may shed some light on this. In this post, you talked about a period when the share price of JDX was significantly higher than it is today, but the insider(s) where not selling at all. Perhaps you could repost this information. (with thanks)

I would imagine that the insiders who have invested so heavily in JDX are now looking forward with growing anticipation to bearing the fruits of their labour in the very near future. As the price rises, I just hope I can demonstrate enough patience to hold on to JDX until the price reaches the level they were hoping for too! (As well, I think at that point I may begin to understand how they became that "well monied" in the first place!) This patience doesn't come easily to me. My nature and style is to be much more of a trader than an investor. In the case of JDX though, I think we are close enough to a significant price rise that anyone wearing either of these hats (short term trader or investor) will be rewarded equally well.

Regards,

Kevin
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