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

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To: keith massey who wrote (2475)11/23/1999 9:17:00 PM
From: Claude Cormier  Read Replies (1) of 5053
 
<<Claude...I don't know if you have heard the talk but the TSE is clearing house big time in the next 4 months. There have already been a flood of delisting announcements and it is going to get a lot worse in the coming months.>>

I know.

<<Of course JDX is sitting fine now but without a core company with revenues they were not going to keep their listing.>>

But I also heard from good sources that current TSE listed companies that satisfied the minimum market cap and minimum assets requirements will benefit from sort a tacit grand'father clause. IOW, they wont be delisted even if they don't have a operating business generating revenues.
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