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

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To: David Michaud who wrote (41)11/6/1998 5:04:00 PM
From: keith massey  Read Replies (3) of 5053
 
30% of a discovery for free is much better than
100% of nothing for $1.5M


I know the history of the management and also think they are very capable business men and that is my point. If they thought they would find a multi-million ounce deposit on this land that could potential be worth 100's of millions they would have risked 1.5 million to drill it. I like the idea that they are not paying for the drilling and conserving cash. However this move make me believe that this set of drill results will not be spectacular in nature. The one thing that has been puzzling me lately is where all the volume on this stock is coming from. I have not been able to find an hype from any of the main newsletter and no action on the threads.

Best Regards
KEITH
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