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Gold/Mining/Energy : International Tournigan(ITG.V)announces major discovery
ITG 30.230.0%Feb 28 4:00 PM EST
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To: Danny Grant who wrote (324)1/11/1999 1:09:00 PM
From: rdww   of 347
 
it really is quite pathetic the response itg has had getting anyone excited about the stock. hopefully management will realize that they are ineffective and not trusted by the investnment community.bring in some new blood and get the ball moving. the blame for itg's woes can't all be laid on the commodities market. swg is starting work on their berenguala project (next door itg's).other juniors that i know that have languished under former management, have managed to get new management that has been able to tell the story and get investors to buy + believe, once again. itg is now almost a yr behind the ball on peru and has not even talked about their original african projects in a very long time. so if there is no work going on in africa or peru - what are these guys doing? collecting paycheques and hoping that one day the placement will happen (before they have to do a rollback to accomadate all the new shrs.) the negative interest may be investors deciding that they have had enough. it sure ain't tax loss sellng - must be better deals for a dime elsewhere.
if i remember correctly - a few mths ago there was a news release going on about the optimism from a NY firm about itg's prospects. so where is that enthusiasm today now that the stock is half of what it was 3 mths ago? the smell aint' getting any better here.
ARE YOU IN THER TED - step on down and bring in the new blood if peru is all it's supposed to be!
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