A steal of a deal.Deep discount value guys love when stocks go on sale. You make money buying on the cheap and GDC is one of those stocks. Book value is north of $4.50. They took a write off on land valuations in the first quarter so let's assume land is valued appropriately on the financial statements. Debt is 16% of capital? So you have time to wait for land prices in the Calgary area to come back. Add in the significant shareholders and the company itself buying back shares and you have a potential takeover and value added when you wait. Real estate in Calgary. What's to like? Cash flow was 17 cents for the quarter.