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

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To: Tony MacLeod who wrote ()	12/5/1998 2:15:00 AM
From: Nathan Hansen	Read Replies (3) of 5053

Spoke with Jim Graham in I.R. today. He said he knows of no reason for the volume and price in today's market. Then a friend of mine forwarded this clip (thought y'all might enjoy this from Kaiser Bottom-Fishing Report. For those that do not know him, John Kaiser has an excellent reputation for finding hidden gems in the Canadian junior's sector) Jordex Resources Inc (JDX-T) Outlook: Top Priority Buy jordex.com Tel: (800) 675-1749 Issued: 29,067,857 Diluted: 31,619,538 Adj Working Capital: $19,700,000 Overhead Burn: $86,000/mth Cash Breakup: $0.68/sh Insider Stake: 9% TROCL Risk: 1+0+1+0+0 = 2 98 Bottom-Fish Range: $0.76-$1.00 Hi: $1.05 Lo: $0.31 Last: $0.48 After a modest drill program on the San Javier high grade gold system in Bolivia, Jordex investigated a Y2K-related technology group before deciding against moving into this sector. Jordex is seeking a cash flow project available at distressed prices. A move into the energy sector is a possibility. Meanwhile Jordex did a mobile metal ion survey on San Javier, which identified a second major anomaly. San Javier has potential for small tonnage lenses of high grade gold that require extensive drilling to develop. In November Jordex optioned up to 75% to Goldfields; if a drill program now underway is successful, Goldfields will get very aggressive. Brian Hinchcliffe owns 2.4 million shares in this cash rich junior.

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