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

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To: SwampDogg who wrote (3428)12/26/1999 7:09:00 PM
From: teevee  Read Replies (1) of 5053
 
fuddle,

We are in a sweet spot...just like the late 1920's.

One aspect of JDX's market that bothers me is that there is no declared short position. Given your perspective, perhaps you could take advantage of the situation and help make the JDX market more orderly? Clearly, JDX is ahead of itself, but IMO, not nearly as far as other more established companies. As JDX confirms its potential, I expect the share price "indices" to expand much further to a point where they are "industry average".....

Many US investors and speculators, especially in New York, won't touch a stock under $US10/share. Often I have heard the phrase: "If a stock trades under $US10 there must be something wrong with it". When we get there, I expect the share price then will move even more quickly to over $US40/share as a whole new level and type of investor will be buying the stock. An interesting factor that can fuel this kind of "growth" is that as the market capitalization increases, larger size investments and a larger percentage of deals can be entered into by JDX. This in turn will expose JDX to more, larger and better quality "deals on wheels". I am sure management is well acquainted with this sort of business leverage that has been successfully used in many other public companies. This alone will accelerate and propel JDX's growth rate, and LEAD BY THE SHARE PRICE.

regards,
teevee
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