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Gold/Mining/Energy : GTR GROUP INC. (formerly Games Trader) TSE:GTR, AMEX:GIG -- Ignore unavailable to you. Want to Upgrade?


To: patt who wrote (58)9/3/1999 7:48:00 AM
From: Mr. Forthright  Read Replies (1) | Respond to of 290
 
Great article about GTR/tse in the Globe and Mail today: "GTR Group to triple its size" is the title. Good action today?



To: patt who wrote (58)9/8/1999 6:25:00 PM
From: Professor Dotcomm  Read Replies (1) | Respond to of 290
 
Sorry I've been so late replying. I was away and missed the action. Yes, it is a lot to digest - and, to be frank, I have still not completed my enquiries. At first blush it would seem the items (in order of importance) are these:

AMEX listing: This will lead, I am certain, to a greater retail distribution of GTR stock. Currently, I feel, GTR is bedevilled by too much institutional investment and not enough widespread retail interest. The Amex can supply this - probably better than the NASDAQ can.

Buying Madcatz at 6 months sales is good. Why so good? I am digging into this.

Another institutional private placement. At least it was done at legitimate levels and gives the retail investor a chance.