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


To: WhatsUpWithThat who wrote (1972)11/16/1999 8:14:00 PM
From: Rob Davis  Respond to of 5053
 
Another thing to keep in mind is that Staudt probably isn't looking
for a quick flip of his Jordex stock. No doubt he has a longer
timeframe in mind. I believe that people on this thread have thrown
around a conservative $7-8 million return from medsite.com based
on other market caps and guesses of % ownership. If Staudt can
generate these types of returns with the other investments...well,
you do the math. The power of compounding, etc. etc.

Cheers,
Rob

Edit: Also, Keith believes that Carlo Civelli is on board to
secure financing with European shareholders at far higher
prices. This could add significantly to the capital base
without (hopefully) causing too much dilution.