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

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To: Jonathan N who wrote (4159)2/21/2000 2:29:00 PM
From: Keith Minler   of 5053
 
Number of shares outstanding sounds right. In their initial news release they claimed to have 75 million in hand and another 50 on the way; could be BS but not likely. As far as debt I understood that they do not have any, in fact when I first heard of them(And did not buy at $0.40) they were considered to be a cash rich shell.

I'm not really into VEN so these figures may be suspect.

I think JDX is undervalued, but the explosive rise of VEN illustrates what I've been posting here for months, it doesn't matter how good you are; only how big and dominate you are.

I cannot wait for management to run this thing up to $4-$5 and do a major financing. Mix some mega-bucks in with the strategic alliances and the demonstrated ability to snare deals such as MedSite and Elastic, THEN we will rock and roll.

Later

Keith
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