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

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To: dug_s who wrote (1402)9/13/2000 8:38:50 PM
From: dug_s  Read Replies (2) of 1571
 
For those who didn't see it; in today's National Post there was a not-too-flattering article about GAEC and how the company has run out of time. It also said that the Prez and the Board of Directors were not working well together.

The one point that I found rather unsettling was that, if you removed their recent divestiture, GAC would have LOST $.07 per share this last quarter. Although I am far from a financial analyst, I cannot see how the math was done to figure out this "loss."

Regrards,

Dug S.
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