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Bullboard - Stock Discussion Forum 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... see more

TSX:MCB - Post Discussion

McCoy Global Inc > Seems the smart CRT (case running tool) needs to few
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Post by drunk@noon on May 10, 2024 11:33am

Seems the smart CRT (case running tool) needs to few

fixes to be up to snuff. That's how I read the press release.  Given the tools are still in the field testing phase, it's totally understandable. But It will delay commercial adoption. Just the way I see it. Feedback from the field testing had the client point out a few shortcoming, having recieved the feedback MCB made a few changes (tweeks) and now we will see how it goes. Just my impression of things. The spider is great, The CRT is being tweeked. And I see their are a couple of other next generation tools that are undergoing field testing. For that I go by the listing of the next generation tools listed on their website. Next to the spider and CRT.  Like I've said. It'll take a year- 18 months to play out. Meanwhile fliat to a slight drift down in shareprice.
Comment by Possibleidiot01 on May 10, 2024 12:39pm
It's possible you're confusing two issues.Seems to me like the national oil companies are asking for a CRT plus or a better CRT. Considering this is new technology that  there was doubt the market was ready for , to be asked for an improved version is impressive. "McCoy completed the design for an enhanced smartCRT™ that will address the new tool specifications introduced by ...more  
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