SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (939)9/21/1999 1:28:00 AM
From: keith massey  Read Replies (1) | Respond to of 5053
 
Claude

You are right that arguing over pennies is useless on a stock like this...in the end it just won't matter. The point I really wanted to get across is that the interest from the holdings is more than covering their burn rate. You mentioned a burn rate of .01/quarter when in reality over the past 18 months they have been in a state of positive cash flow and only should a few loss in the past 6 month because of where the money is being held.

Best Regards
KEITH