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

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To: Syncrude who wrote (2318)11/22/1999 6:19:00 PM
From: keith massey  Read Replies (1) of 5053
 
Quite possible, but Jordex is not in the drivers seat, those that provide capital are. This is the single weakness that I see in Jordex right now, the small capital base.

JDX is the drivers seat....they can now sit back and pick and choose from tons of deals laided out for them on a silver plater by two huge players...what more could you want??? JDX has enough to do 14 more deals like Medsite.com.... I would say their capital base is just fine for now. I said a long time ago that they have plans to do a financing in the $3-5 range....this is sure looking possible now.

It is a seller's market out there and deals are not cheap. Today's news was not something to write home about and I am very surprised (or should I be?) that the stock was halted just for this.

This is one of the most unbelievable statements I have read in a long time. I wrote home right away <ggg>

Best Regards
KEITH
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