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


To: Condor who wrote (942)9/21/1999 10:32:00 AM
From: Claude Cormier  Read Replies (1) | Respond to of 5053
 
Condor,

JDX will no longer have 7.5% of the deposit. It is being diluted as they have decided not to pay their share of the expenses for mine development. I don't know about the schedule and how much JDX will have left once Minorco spends the $200M++ needed.

With the current correction in the market and the Medsite IPO still more than a month away...me think we gonna pick up more JDX at lower prices in the weeks ahead. The action will likely be only late this year or early Y2K.