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Gold/Mining/Energy : ITL Capital Corp. -- Ignore unavailable to you. Want to Upgrade?


To: Ron Waller who wrote (151)9/24/1998 12:25:00 AM
From: bill  Read Replies (1) | Respond to of 173
 
Ron, any chance you asked how much information/cooperation
ITL has from Gold Corp? For example has GC allowed them access
to their drilling maps showing the trend line for the mineralization?
I've been assuming all along that GC is supporting ITL's
exploration because obviously ITL will not develop the property.
The sensible option will be to sell/lease the property to GC
for cash plus a small percentage royalty. Everybody makes money,
ITL has cash in the treasury with some guaranteed money down the
road to pay the bills and then can move on to their other properties
or option some other property. The pie has been cut smaller because
of the need to raise cash but it would still be a decent piece
of pie if they actually find the extension of the GC mineralization.

Do you, or do any of the few of us left on this thread, know if
GC is following a narrow, high grade vein or mineralization
that is wider. From what I've read, they're not mining widely
disseminated gold which, of course, would be the best scenario.
Easiest to find at depth,easiest to calculate tonnage. I guess
I'm asking if anyone knows how big is the needle in the haystack.
If it is a narrow high grade vein the chance of hitting will be
very small at any depth. Over a couple of inches and all you get
is rock, not ore.



To: Ron Waller who wrote (151)3/13/1999 3:40:00 PM
From: Veritas  Read Replies (1) | Respond to of 173
 
INSIDER TRADING REPORT FOR PERIOD ENDING March 12th, 1999 Page 20
03-11-1999 09:04:24
SEC TRANSACTION UNIT
ISSUER INSIDER RELN OWNER CLASS DATE NATURE ACQUIRED NATURE DISPOSED PRICE BALANCE
---------------------------------------- ------------------------------ ---- ----- ----- ---------- ------ ------------ ------ ------------ ------- -----------------

ITL CAPITAL CORPORATION HUSTON, DEREK 4 0 CM 02-09-1999 0 10 4,000 0.080 226,000
4 0 CM 02-10-1999 0 10 5,000 0.080 221,000
4 0 CM 02-12-1999 0 10 6,000 0.080 215,000
4 0 CM 02-16-1999 0 10 15,000 0.080 200,000