T.ITE: iTech Capital (TSE) Message Board

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

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To: keith massey who wrote (512)	5/30/1999 5:53:00 PM
From: David Raine	Read Replies (1) of 5053

Keith, Let's not forget that at least two of the ”deals” that Ritch mentioned (Wall Street Ventures' stamps and Harvard International's french fries) made a ton of money for their early shareholders before they collapsed. No idea about the tire company… I think Carlo Civelli will be the driving force (whether he's a phantom menace, or not) behind any JDX promotion that comes on the heels of an acquisition. He's connected, he's a director, he's put his money on the table. And as Kaiser has pointed out, one of the most telling indicators of his confidence in the acquisition is the fact that he took the most recent private placement at a time when there was no reason to do so, other than to line his own pockets. It's not as if JDX needed his 300,000…, what with their 22 million already in the bank. He already knows he's going to make money on this one. We're in good hands…, Carlo won't screw this up. David Raine Vancouver

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