Group 1 Automotive Inc V.GPI

Primary Symbol: GPI

Consumer Cyclical Auto & Truck Dealerships

Group 1 Automotive, Inc. is an international automotive retailer. The Company operates through two segments: the U.S. and the U.K. Through its dealerships and omnichannel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services and sells vehicle parts. The Company owns and operates about 260 automotive dealerships, 338 franchises, and 44 collision centers in the United States and the United Kingdom that offer 35 brands of automobiles. It sells retail used vehicles directly to its customers at its dealerships and via AcceleRide and wholesale its used vehicles at third party auctions. Its operations are primarily located in areas, including Texas, Massachusetts, Oklahoma, California, Georgia, New Mexico, Maine, New Jersey, New Hampshire, Florida, South Carolina, Louisiana, Kansas, New York, Alabama, Maryland, and Mississippi.

NYSE:GPI - Post by User

Group 1 Automotive Inc

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Post by brodanon Feb 10, 2011 11:45am

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Post# 18109383

Quote from newest power point

This is a quote out of the newest power point sent to me this morning

"Potential multi-million BOE reserves
Low decline production rate Strong production rate Known light oil (40o API) in thick Devonian Slave Point formation Basement is about 5,900 ft deep. GPI owns over 4,000 Acres of PNG leases in the area. These leases allow up to 26 new oil wells Potential commercial productions >4,000 boe/d"

One has to see the potential in this company, especially with only 40 million shares out, and trading at only 0.165 cents....driving me a little nuts

cheers

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Advancing flagship Ishkõday Gold Project in Ontario