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

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To: Thomas Kelly who wrote (4330)3/3/2000 5:02:00 PM
From: Condor  Read Replies (1) of 5053
 
Hi Tom,
Ven has 143,000,000 shares out vs. our 30,000,000.
When it comes time to generate additional working capital the escalation of shares out above 143,000,000 in my mind becomes a tenuous affair. I much prefer to see 30 mil become say 45 mil shares. I think that ultimately the arithmetic will rationalize and we will reap the rewards. Can you imagine if we had a 12,000,000 share day. It is mind boggling. We must appreciate that we are on a steady, controlled and logical price rise. It fits the entire profile of the company and its plan as laid out many months ago. Steady as she goes. I suspect that the next few weeks, not to mention years, will bring a warm glow to our lives.
The free trading shares of JDX/ITE are being nicely consumed and the attention we will be getting in the next couple of weeks will, no doubt, perpetuate this trend.
The article voluntered by Olga is a large wakeup call to Canada.
thestreet.com
Have a great weekend mon chum.
Regards
C
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