Gendis TSE:GDS.A Message Board

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Gold/Mining/Energy : Gendis TSE:GDS.A

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To: Robert Salasidis who wrote (79)	8/31/2000 8:36:07 PM
From: Robert Salasidis	Read Replies (1) of 81

Well, so much for the SAAN deal, but there is no point giving it away anyways. With FCE.UN going up to new highs however, I don't think there is any reason that GDS should not be moving up in tandem (they have .867 shares/sh of FCE.UN (if my calculations are correct)). Their FCE ownership alone is worth 8.20$ right now. We have seen their ownership of other companies at a significant discount in the past (in the pre Pioneer days), but the difference is that this time, their investment will be paying nice distributions, so I would expect the discount to be minimal.

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