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

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To: Nathan Hansen who wrote (55)12/19/1998 9:07:00 PM
From: keith massey  Read Replies (1) of 5053
 
Big surprise

Jordex Resources has been advised by Gold Fields Ltd. that it is terminating its earn-in option on Jordex's San Javier properties in Bolivia following its recently completed drilling program (see news in Stockwatch Nov. 4, 1998).

I mention before that there was no way the JDX would option 75% of this project if there was anything there. Got a few shares at .48 a couple of days. However I probably got them a little to soon since some people will probably over react to this news and drive the price down a little. Hopefully I can catch the bottom.

I'm guessing an oil and gas purchase next??? Still at .68/share cash so the downside should still be fairly minimal.

Best Regards
KEITH
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