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

To: Condor who wrote (2532)	11/24/1999 9:12:00 AM
From: Larry Dawidowitz	Read Replies (1) \| Respond to of 5053

Kaiser says Jordex charts out U.S. IPO strategy Jordex Resources Inc JDX Shares issued 30,374,357 Nov 23 close $1.21 Tue 23 Nov 99 In the News John Kaiser, writing in a Bottom-Fish Action for the week of Nov. 8-12, says the previous week's rally to $1.39 may be a mere taste of things to come if all goes well. Mr. Kaiser recommended the stock in December, 1998, at 50 cents; other buy tips were December, 1997, at 85 cents, and February, 1999, at 59 cents. In the current issue, Mr. Kaiser notes that Internet chat has been abuzz with implications of Jordex's $1-million (U.S.) investment in e-commerce site Medsite.com, which has an initial public offering in the works. He says Medsite has received positive media coverage and recently closed a $36-million (U.S.) institutional financing. Jordex, he contends, is set to become a merchant bank that invests in high-tech and Internet ventures planning to go public. The problem here is that it may have to compete with deep-pocket U.S. venture capitalists for worthy projects. Nevertheless, Mr. Kaiser is supportive of Jordex and its chances for success, saying it is staring to develop something of a cult following. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com