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

To: TheBusDriver who wrote (2158)	11/21/1999 8:14:00 AM
From: Kevin Hamlin	Read Replies (1) \| Respond to of 5053

My time frame for regarding JDX is also measured in months Wayne, and I have no concerns at all regarding the release of positive news in the near future. I believe at this time JDX still has a very small (but bright) following. As they release their news, their story will come to a significantly wider audience which will bring in buying from a much wider base. This broader base of buying will no doubt move the price of JDX shares upwards, as will the value in the news itself. Trading JDX for a few pennies may be o.k. for some, and I would also do this in a second if I thought it was worth it at this stage. (This type of approach is much more my nature.) At this point in time though, I don't think this is a particularly good strategy to adopt. The risk at this point of being on the "outside" of a news release is greater than the reward of flipping around for a few pennies, and so I'll hold and accumulate on any dips that are presented. $1.40 is acting as (very) short term resistance right now. Soon enough, I expect we'll be looking back at this level and wonder why we ever gave it a thought at all! Regards, Kevin