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

To: Crazy Canuck who wrote (1617)	11/9/1999 12:33:00 PM
From: Crazy Canuck	Read Replies (3) \| Respond to of 5053

This is one aspect that I don't recall seeing discussed about this company. If the following assumptions prove accurate, then I believe that Jordex shareholders will realize a benefit that should create a fair degree of excitement amongst investors, Brokerage firms, and large financial institutions from Canada. My premise has been based on the following assumptions: - They do follow the Internet Capital Group model, and take down private placements in emerging companies which have great potential. - They establish themselves as a solid company and they shed the image of being just a cash rich shell. - They specialize in taking private placements in solid well positioned, and more importantly - well supported US based firms. My premise . . . As Canadians, we are currently limited to holding only 20% of our Registered Retirement Savings (RRSP) investment portfolios in foreign companies. Jordex is a Canadian based company. As a result, our holdings in them are not bound by the 20% foreign content limit. Jordex's new business strategy will be based on the ICG model, and as a result, their core holdings will likely be comprised of holdings in US based technology companies. If this holds true, then Canadian Investors, thorough Jordex, will have direct access to private placements in the pre IPO market in the United States. What this means for us (as Jordex shareholders) is that we can have the flexibility to use as much of our total portfolio as we deem acceptable to get in on the ground floor of some great IPO's (e.g. Medsite.com). We will no longer have to worry about being restricted by any foreign content legislation. Now that I have said that, I have to stress that it may be prudent to see what this company has been up to before you fully load up with stock purchased through your RRSP. I personally like the flexibility that this provides me, and I am now looking forward to hearing what they are planning to tell us. Crazy Canuk

To: Crazy Canuck who wrote (1617)	11/9/1999 2:48:00 PM
From: keith massey	Read Replies (1) \| Respond to of 5053

Crazy... Those were two great posts. With your permission I would like to add that information (almost word for word) to the summary post for the next edition. The RRSP angle is something I didn't mention although it is a great point and I couldn't have said it any better on why Mr. Staudt is an asset to the company. For the record...a good majority of Greenline purchases in the low .90's today were me. I expect ~.89-92 to be a strong resistance area since it was a prior strong resistance level that we gapped through. I will continue to add at this level. Best Regards KEITH