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Genesis Land Development Corp T.GDC

Alternate Symbol(s):  GNLAF

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Genesis Land Development Corp. is a Canada-based integrated land developer and residential home builder. The Corporation is engaged in the acquisition, development and sale of land, residential lots and homes in the greater Calgary area. It operates through two segments: land development and home building. As a land developer, Genesis acquires, plans, rezones, subdivides, services and sells residential lots and commercial and industrial lands to third party developers and builders, and sells lots and completed homes through a wholly owned subsidiary, Genesis Builders Group Inc. (GBG), its home building division. The land portfolio is planned, developed, serviced and sold as single-family lots and townhouses, multi-family and commercial parcels. It designs, builds and sells homes on a significant portion of its single-family lots and townhouse land parcels. It also acquires single-family lots from other land developers to build and sell single-family homes in additional CMA communities.


TSX:GDC - Post by User

Genesis Land Development Corp
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Comment by bwalsh56on Jun 22, 2006 6:36pm
215 Views
Post# 11023096

RE: Now I'm Really Confused...

RE: Now I'm Really Confused...Market is what gives - I'd have thought you would have realized that! GDC has been halted for the past couple of weeks while the market has been plummeting. The greatest news in the world couldn't have helped GDC. Simply needed to drop like the market did. Let's hope that we will continue higher now that we have fallen
Bullboard Posts
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