GEAC.....Canadian best kept secret Message Board

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

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To: micromike who wrote (1517)	2/1/2001 10:02:21 PM
From: Ally	of 1571

Mike: This is good news! Within a month, the company could come up with another $12 million cash to pay back more of the loan. It shows that cash is flowing in from contract renewals. The $48 million balance is peanuts. I figured in December that the new CEO was playing hard ball with the lenders in negotiating new financing terms. He wasn't going to simply roll over with the bankers' demands. You right... the stock price going up substantially before this news release would indicate that some people already knew about this news. I bought another batch yesterday (indicated on my thread) at $3.50. I think this baby is gonna live! Let's see what happens tomorrow morning when the stock opens.

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