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Geodrill Limited T.GEO

Alternate Symbol(s):  GEODF

Geodrill Limited is an Isle of Man-based exploration drilling company with a fleet of 76 drill rigs operating in Africa and South America. The Company operates in two continents and seven countries, namely Ghana, Burkina Faso, Cote d’Ivoire, Mali in West Arica; Egypt in North Africa; and Peru and Chile in South America. The Company provides Reverse Circulation, Diamond Core, Deep Directional Navi Drilling, Air-Core, Grade Control, Geo-Tech and Water Borehole drilling services to intermediate and junior mining companies and operates a fleet of multi-purpose rigs in Africa. Its fleet stands at 76 drills and is made up of nine types, including EDM 2000 multi-purpose (qty. 6), Sandvik DE 810 multi-purpose (qty. 11), Sandvik DE 740 core (qty. 10), Sandvik DE 710 core (qty. 10), X1200 Multi-Purpose (1), X900 Multi-Purpose (17), Austex X350 RC / Grade Control (qty. 2), Austex X300 Air-core (qty. 7) and LM90 (qty. 7).


TSX:GEO - Post by User

Comment by askretkaon Apr 21, 2023 12:08pm
117 Views
Post# 35407412

RE:new contract

RE:new contractThanks for post I missed that somehow. 
Got my voting stuff  and company summary in mail today.

Looks good. I wonder what " Special Meeting is about"

The part that caught my interest is how they say West Africa has never been explored for Lithium and could present a significant opportunity for them. I see news release you posted says that we're at 82 Drill rigs now too.

All looks good. Only negative is because of Stock price increase I may have to trim some shares later this year as it has become too big a percentage of my portfolio unfortunately.  Was hoping for a buyout but we'll see.

Hopefully we'll be featured at Las Vegas small cap conference starting 27 April. All they really have to say is " Lithium " and we'll probably get a bump up in price. 

Having a Stock go up too much and upping the dividend always a good problem to have. Cheers!!!!!!!!
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