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Gold/Mining/Energy : GEAC.....Canadian best kept secret
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To: Ally who wrote (1531)3/14/2001 11:30:57 AM
From: john.d  Read Replies (1) of 1571
 
Thanks Ally, always appreciate your well thought out posts.

Overall I agreed with your post, except for one small point. Not sure that the bank loan issue has to be resolved before the stock will move considerably higher.

Given the improving financial outlook for the company I think that most will assume/expect that the company will be in a good position to negotiate a new arrangement with either the existing bankers or a new one(s).

I think we can expect to see the stock approach at least $5 in the near term (likely weeks, possibly months).

John
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