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

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To: teevee who wrote (3063)12/10/1999 11:16:00 AM
From: keith massey  Read Replies (2) of 5053
 
Teevee..

Saw that VEN news... everyone wants a piece of the pie <ggg>
Although VEN's $70 million in cash looks good the $110 million debt. is sure ugly.

Hopefully JDX will be able to distinguish

The strategic alliances alone should distinguish JDX from any other junior companies attempting a similar strategy. Plus very few juniors who restructure have more than $1-2 million in the bank. VEN is an unusual case with their cash but how many other juniors do you know that even have $10 million and no debt? Of course I wouldn't mind if the business structure was the next bandwagon!

Best Regards
KEITH

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