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Genesis Land Development Corp T.GDC

Alternate Symbol(s):  GNLAF

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

Post by Malpeque2on Dec 10, 2021 5:23pm
200 Views
Post# 34220480

Garfield Mitchell and Mark Mitchell

Garfield Mitchell and Mark MitchellAre these two brothers?

Anyone know the Mitchells tell them they are playing small ball here with these open market purchases recently of shares and rights ahead of the deadline next Friday.   

$30M at $2.00 for a rights offering when you have been $2.70 for  a while and you just took in 500K shares at that price makes you look really greedy or really dumb.   

In any case we will all just have to play along with this game for a while longer.  

Make sure everyone exercises their rights or sells them by Next Friday deadline to deny these two their shallow scheme. 
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