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


To: Crazy Canuck who wrote (2320)11/22/1999 5:39:00 PM
From: knight  Respond to of 5053
 
Pretty good release I thought. Let the weak hands go their way. I'm in for the longer term. Just my .02 cents worth.



To: Crazy Canuck who wrote (2320)11/22/1999 5:45:00 PM
From: Syncrude  Read Replies (2) | Respond to of 5053
 
crazy canuk,

Well, for starters, the market seems to agree with me. What was so urgent and material in the news release that warranted a halt? Did you see screaming reaction one way or another after the halt? No, of course not.

No details were provided in the first release, and all the second one said is that the company will have an opportunity to look over and participate in future deals! This is far from unique in the venture capital industry.

The market cap is at $38mm and the market was hoping that the press releases would provide more basis for a RAPID increase in share price. Thus this play may be more a LONG TERM one than a SHORT TERM one. Jordex has had a lot of Internet discussion group exposure and thus the expectations were perhaps a bit too high.

Longer term should do well, but short term ?????

PS. Instead of insulting others in your posts, why don't you try to explain your point of view on a factual basis.



To: Crazy Canuck who wrote (2320)11/22/1999 6:57:00 PM
From: AriKirA  Respond to of 5053
 
CC

I must agree with you on this one

Being a securities lawyer, I can definitely vouch that today's news release was very surprising to say the least. I am astonished to see Jordex get involved with such players...

Don't even waste your time CC. It's not worth it

Kind Regards
AK