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


To: AriKirA who wrote (2942)12/6/1999 7:59:00 PM
From: Crazy Canuck  Read Replies (1) | Respond to of 5053
 
All I want to say is that the head of MF Capital, and the head of Argentum both feel that Mr. Staud and his Canadian listed company Jordex should be sitting at the table with them when they do their business. It is their business to consider deals that contribute millions of dollars in profits to their respective companies. I take that as a very strong endorsement for where this company is headed.

Both of these gentlemen are in the business of assessing the potential of company, and they are trained to spot and reject any company should they spot any flaws or weaknesses in it. I have to believe that if they put the companies that they are considering investing in through this type of scrutiny, then can you imagine what type of scrutiny they would have put a prospective partner through?!

So I happen to believe that if there is anyone who thinks that this company has a shot at a strong and profitable future, and they are day trading this stock with their total position, then they could be setting themselves up for some serious self inflicted pain real soon. Scalping it for a nickel or dime more profit now, could mean that they stand a serious chance of being left behind completely while they stand there and clean their glasses waiting for it to come to them.

I am totally convinced that a 50% profit is going to seem like pocket change very soon. Maybe even tomorrow! Now wouldn't that be sweet.

Crazy Canuk