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

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To: Ally who wrote (1451)10/5/2000 5:45:41 PM
From: micromike   of 1571
 
$2.5 million is forgivable if he is terminated. At $7 today's stock price, the shares are worth $1.5 million. So, he is on hock for $500,000.

Very interesting. Were did you get that info from?
I was wondering how he would recover from the 28 buck he paid for the shares. I guess that's a good incentive to step down.

I wonder what Sadler is doing these days. It would be interesting if they could get him back to run the ship. Does anybody know if he is still holding lots of shares or not. I know he sold half his holdings at around 58 bucks in 1997.

Mike
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