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


To: Riverlightning who wrote (300)4/9/1999 1:20:00 AM
From: keith massey  Respond to of 5053
 
After watching the trading in the past couple of weeks I have really raised my prediction on the possible price that JDX could achieve after the news. I used to be conservative and think that $1.50-2.00 was a reasonable price for a good news release. However it seems lately that any mining company or shell getting into the Internet or high tech. sector is doing a 5-10 bagger overnight and then they really start to run. At this point I can't even put a price on JDX after watching the insanity this past month. When a company like GEM reaches a $100 million market cap almost overnight and after seeing BII run from .56 to $32 I plan on holding and adding to JDX until I see some news.

If a $250,000 purchase by DEJ can boost its price by 10 times does that mean that a $25 million purchase by JDX can boost its price by 100 times? Probably not not but I can dream can't I.

Best Regards
KEITH