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Gold/Mining/Energy : GEAC.....Canadian best kept secret -- Ignore unavailable to you. Want to Upgrade?

To: dug_s who wrote (1402)	9/8/2000 10:24:48 PM
From: micromike	Read Replies (1) \| Respond to of 1571

They will report first quarter earning and the estimate is 60 cent. biz.yahoo.com They will also hold the annual meeting. Here is my guess on how the meeting might go. If the quarter is good and they know that the next quarter is looking good they won't announce any potential deals to sell the whole company or a large part of it. If the quarter is weak and they know the next quarters is looking just a weak they will announce a deal to sell the whole company to keep the shares from nose diving even more If they sell the whole company my guess is that there will be two or more companies buying the pieces that they want. My guess is that the quarter is weak and the company will be sold. There has just been way too much volume with lots of 10k here and 10K their and not much price movement other than this week which we started at 10 bucks and ended at $11.05 JMHO Mike

To: dug_s who wrote (1402)	9/13/2000 8:38:50 PM
From: dug_s	Read Replies (2) \| Respond to of 1571

For those who didn't see it; in today's National Post there was a not-too-flattering article about GAEC and how the company has run out of time. It also said that the Prez and the Board of Directors were not working well together. The one point that I found rather unsettling was that, if you removed their recent divestiture, GAC would have LOST $.07 per share this last quarter. Although I am far from a financial analyst, I cannot see how the math was done to figure out this "loss." Regrards, Dug S.