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


To: keith massey who wrote (42)11/6/1998 5:48:00 PM
From: David Michaud  Respond to of 5053
 
Different management philosophies cause things like this.

Look at Teck Corp. they get there $ from JV ...

On might think they are siting on a muli$million deposit, but you don't know until you poke holes.

Jordex did say in previous news release, they were looking at non-mining ventures. They $20M they got may be used better there then on holes in the ground.

High Volume... Stuff we don't know about + Year end tax loss of people tired of waiting to people buying a bargain @ 65% of cash.

Lots of trades where made in house. Just wondering... if I had 100,000 shares and saw the value, could I sell then to myself, and claim a tax loss ?



To: keith massey who wrote (42)11/6/1998 6:14:00 PM
From: Wizzer  Read Replies (1) | Respond to of 5053
 
I have not been able to find an hype from any of the main newsletter and no action on the threads.

Any particular house involved in most of the buying, or is it spread out? The market is telling us something....but what?



To: keith massey who wrote (42)11/9/1998 10:24:00 AM
From: Nathan Hansen  Respond to of 5053
 
My guess is that the buyers and sellers come from: a) tax loss selling, and b)new money buying discount to cash. "no hype"....I should hope not. This is a gem, not inclined to think that it would draw traditional "hype". who knows though.....that part may come.

cheers.

P.S. IMO, this tape is indicating some 'positioning' is going on....