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Gold/Mining/Energy : GEAC.....Canadian best kept secret
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To: micromike who wrote (843)7/30/1999 9:13:00 AM
From: PlayTheKing  Read Replies (1) of 1571
 
<<IMHO the offer will have to be raised considering...The question is how much more will it take?>>

Under Nelson and Sadler, GAC's acquisition policy was to pay an amount not exceeding 50% of revenues. At $500 M in revenues, I don't expect them to pay more than $250 M.

JMHO

PlayTheKing
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