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

To: bargainman who wrote (1573)	11/7/1999 9:03:00 PM
From: marcos	Respond to of 5053

"Whose expertise is this company riding on?" Staudt's, principally, imho. Hinchcliffe's as well, but more Staudt, i think - jordex.com

To: bargainman who wrote (1573)	11/7/1999 9:48:00 PM
From: keith massey	Respond to of 5053

Bargainman I don't want to drill this into the ground but actually they have $14 million U.S plus the $1 million U.S in Medsite. In the summary I did put in that all numbers were in U.S dollars and also gave the conversion rate. I haven't post my summary on other threads (other than the Canadian MOMO thread since I know most of the people over there and we talk about the company often). The shareholders are excited about the future of the company because they have brought on new management that isn't in the mining industry and does have a strong background in business buyouts. So far, what you've said is that Civelli has a great track record for "promoting" stocks. What's his record in building companies? He doesn't have a record for good building companies....he is a financier and a promoter with great business connections. Mr. Civelli is a director who isn't on the payroll and is not at the heart of this company. I agree that many of these types are often out to make money for themselves. Since his shares and options are near the current price it stands to reason that this company has to get to a higher price for him to make serious money on his holdings. On the other hand Mr. Staudt does have a record for building quality companies so I think Mr. Civelli and Mr. Staudt will balance each other out. Best Regards KEITH