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

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To: Crazy Canuck who wrote (3891)1/26/2000 10:42:00 AM
From: kenc   of 5053
 
Crazy C
An expert from Kaiser's Jan. Feb. newsletter:
"The next three places were taken by cash rich shells which left the resource sector in favour of the Internet and technology. Martlet, formerly called Oro Nevada, gained 312% to $2.02 after it turned itself into a vehicle to invest in private Internet business. Scorpion gained 306% to $1.99 on pure mystery: only after yearend did it do a deal to acquire a sports web site developer. Jordex gained 282 % to $1.87 as it turned itself into a seed investor in technology ventures that have plans to go public with an IPO. Thanks to a minor investment in Medsite.com Jordex became an ersatz spec play for investors keen on Medsite. These three companies have developed strong shareholder bases that should enable another leg in their spec cycles that in 2000 double or triple prices from current levels. All three were classic bottom-fish and I expect they will end up as classic 1000% plus winners".
kc
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