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

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To: valg who wrote (48)4/1/1999 11:46:00 AM
From: SAM-DAN  Read Replies (2) of 81
 
With the bad news of yesterday's year end losses, the fact that the stock is strengthening is very encouraging if it continues.
Could be based on two important factors.
1-Rise in oil and gas prices is now the main driving force of Gendis recovery.As they go, so will GDS especially once Alliance Pipeline completed.
2-The annual meeting in late May or early June could hold some surprises as sources say that the major shareholders ,other than management, are quite upset at the stock drop of Gendis and may have alternative plans for company activities.
Could make things veery interesting.
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