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Gold/Mining/Energy : Gensci Regeneration Sciences Inc. (GNS)

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To: twentyfirstcenturyfox who wrote (147)4/6/1999 7:25:00 PM
From: Edward W. Richmond  Read Replies (1) of 225
 
Inge, I spoke directly to Louis Plourde in Toronto to get my information. Is the VP of Finance named Cook? If so, I spoke to him once. He seemed to be pretty straight. I appreciate James DeMesa and I believe James Trotman is an honest man. Beyond that, I really don't know. We have had some much hype and propaganda that I am fairly cynical. When the IR firm would give some upcoming event or announcement, my response was to ask for the time frame and then call them back at the appointed time. They were usually embarrassed.
The current price, in my opinion, is what the company has earned. I don't see it as undervalued. In fact, I believe the stock price is overvalued if the admin and general marketing expenses are not brought under control.
The product is great but......
I have to make a decision as to what to do with our shares. IF expenses do not show a rapid decline, I think it will be time to pull the plug.
You may well be right. Louis Plourde may be the wrong guy to talk to.
Regards, Ed
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