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McCoy Global Inc MCCRF


Primary Symbol: T.MCB

McCoy Global Inc. is a Canada-based provider of technologies and equipment designed to support tubular running operations, wellbore integrity, and assist with collecting critical data for the global energy industry. It is focused on well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry. Its core products are used primarily during the well construction phase for both land and offshore wells during both oil and gas exploration and development. Its cloud-based, real time, remote data transmission infrastructure supports its ability to integrate, digitize, and automate the historically manual processes of tubular make-up through its SmartTR automated casing running system. Its product suite includes Virtual Thread Rep, SmartCRT, SmartFMS, McCoy’s Smart Tong, and McCoy’s Smart Tailing Stabbing Arm. The Company operates in Canada, the United States, and the United Arab Emirates.


TSX:MCB - Post by User

Post by Angleson Jul 13, 2021 6:27pm
243 Views
Post# 33540112

Not sure what is wrong!!!

Not sure what is wrong!!!First, as far as I know all of MCB's plans as I have outlined previously remain on track and on the same timelines. I can also confirm they will be releasing their second quarter results early on Friday August 6, 2021. I am hoping along with these results that they tie in one or more of their hinted announcements of large new orders and future commitments from some of the customers that have been in trial mode on the new systems. I am also hoping that their order backlog increases substantially. That would be a great sign! Other than that, it appears some of the buying interest has dried up with no one chasing it any longer and a big seller has appeared hitting bids at a lower price each and every day. It has fallen from a high of 93 cents in late June to 65 cents today (almost a 30% correction) on very high volume for this stock. Canaccord seems to have been the seller with various buyers including myself and family members. And if it stays anywhere around this price level, I am going to continue to load up even more! I will continue to monitor and advise as best as I can. Good luck to all MCB investors. I believe it is going to pay off extremely well over the long term. Only my own opinion. Angles.
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