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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (925)	9/21/1999 4:08:00 PM
From: Stuart Carmichael	Read Replies (2) \| Respond to of 5053

$113,000 per month expenses for the last six months and they have one deal to show for it. Surely they must have some good deals it the works to account for spending $700,000 in the last six months. You could buy three VSE shells or two with potential for that amount. If a good deal was in the works, why would the stock not be up. Where is all the time and money being spent?

To: keith massey who wrote (925)	10/4/1999 8:57:00 AM
From: gg cox	Read Replies (1) \| Respond to of 5053

Hi Keith Massey.Macros name dropped Jordex on another thread and I decided to check it out.This company with all their cash, and the investment in medsite and other investment looks attractive but suppose they can't or don't find a deal and the company breaks up.On break up what would Civelle and Stuadt get?Is there a time limit on finding a deal?On break up what would the three guys on salary and Hamilton get?Are there any outlandish insurance premiums as in the RYO case?You have invited any and all questions so those are mine.It was refreshing to read through a thread and not running into the usual "10% pack of fools" gg