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

To: marcos who wrote (4881)	11/26/2000 12:06:04 AM
From: ralfph	Respond to of 5053

Water controls are quite the thing. I was in a dam site recently that uses a two foot dia pipe at a drop of aprox 1000 ft. This set up run to 2 peltum(sp) type wheels which in turn drive 2 generators. The set up is totaly automatic and cost about 10 million to build. It brings in about 2 million and change per year.Not a bad return. I gather the company plans on building several more.The americans seem to be desperate for power and will buy all they can get. I will pass on what I know to the powers that be. Regards ralfph No name calling here or personal attacks. Sure glad to know about the connection between the rest of the posters. We are all happy... :-)

To: marcos who wrote (4881)	11/27/2000 1:41:13 AM
From: WhatsUpWithThat	Read Replies (2) \| Respond to of 5053

[revenue = cash, far as i'm concerned] You did that just to make the accountant in me shudder, didn't you?! <gg> they could skim the cash and auction off the assets and turn it all into a fleet of Dickie Dee ice-cream carts any time they like LOL; yes, of course you're right. I guess I was just trying to make sure that people understood just because E is owned 100% by ITE doesn't mean they can just withdraw from the E bank account like it's a joint checking. If ITE wants to keep E healthy as an ongoing concern they need to balance its needs (and its banker's concerns) against their own, that's all. And I agree with you about E, it's a sleeper that could one day suprise everyone with its contribution to ITE's well-being. I also like Elastic, and the PBX-in-a-box maker, each of which has a differentiator in their market. Cheers WUWT