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

To: gordant who wrote (2955)	12/6/1999 10:14:00 PM
From: Crazy Canuck	Read Replies (1) \| Respond to of 5053

>>If I were Jordex, again, I would be more interested in releasing news strategicly rather than as it happens. << I am an investor. Anyone who follows what I do, and how I do it knows this. I have been buying this stock since the early Spring and I now have a significant position in it. I also know that when the Investor Relations person tells me that they will release news as they have it, then I have to believe them. If I find that any investor relations contact, or anyone else in a company I have invested in has not been truthful with me, then I will seriously question my investment in that company. If you are not being told the truth now, then what makes you believe that you will be told the truth in the future. The IR person with Jordex has emphasized to me in several phone calls that they will not sit on news. He has not said that they will release it when it is strategically beneficial to do so after they secure the listing. I understand the value of doing this, however that is not what I have been told. I want to make it perfectly clear that I also understand that this company is building an organization that they expect to last for many years to come. I understand your position that that holding back news right now could be in their (our) best interest. I would have to agree with you if I felt that this would be the only news coming out. I am being told that they have a significant number of deals that they are looking at. That leads me to believe that they are not worried about letting all the chickens out of the hen house by releasing news now. This is because I am convinced that we will not just see the one shot wonder type of announcement. I fully expect to see many announcements throughout the course of the year. I also believe that if they wanted to really create some excitement then they should announce some deals, let the investors and speculators chew on it a bit, clean up the listing issue, and then come out with some more news and some deals. Then, they could start the promo. Two sets of financing announcements would really make the investment and brokerage houses sit up and take notice. Once again, I have to trust what I am being told. As a general comment, if I am not being told the truth by a company, then I will seriously begin to question my investment in that company and the people who work there. If I find that anyone (in any of the companies I have invested in) has not been truthful with me, then I will publicly and privately state this on the appropriate thread. That said, the IR person with Jordex has said that they will announce news as they have it - and I believe him. Crazy Canuk