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

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To: J-R who wrote (4635)4/26/2000 6:24:00 PM
From: mr. campbell  Read Replies (2) of 5053
 
Just got back from AGM

They didn't sell their position in Loma Du Niguel as of yet but they are looking into it. They mine is going to go into production however with nickel prices the way they are management feels theres no money to be made. The decision is not ITE's in regards to production of the mine. If they can get a buyer it's sold. However no further $ investment will be made by ITE.

Total remaining $ after todays investment is +/- $6 million.

rob...
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