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Gold/Mining/Energy : GEAC.....Canadian best kept secret

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To: Fun-da-Mental#1 who wrote (814)7/14/1999 9:01:00 AM
From: PlayTheKing  Read Replies (1) of 1571
 
There are 2 articles today, one in the G&M the other in NP. NP's is more insightful, as usual.

Interesting that they changed their accounting policy effective May 1 with respect to development charges as this is in line with U.S. GAAP. I forsee a NASDAQ listing soon...by the end of Q3.

They seem to be taking the right direction by stating that they will be more accessible to analysts. This "openess" was lacking with the previous management team. How accessible they will become remains to be seen, however.

As an aside, the CFO, Lanaway, used to be the Office Managing Partner of Deloitte & Touche. It's interesting to note that the current auditors are Deloitte & Touche!! Small circles with good contacts??

I'm praying the market overreacts and sends this stock down 20%...it will allow me to accumulate more!!

PlayTheKing
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