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Bullboard - Stock Discussion Forum 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... see more

TSX:GEO - Post Discussion

Geodrill Limited > gold trend is up
View:
Post by microcaphobby on Jan 09, 2023 9:47am

gold trend is up

Jr miners are active. All good for GEO. 

Maybe they get bought out this  year for $4.00 or get taken private. I would say there is 50% chance of that.  Either that or company raises divy and  share price moves up No downside from here.
Gold is enterng  term uptrend. 
Newmont Gold laso another good buy
Comment by ubiquitousman on Jan 09, 2023 12:41pm
Harper has always made it sound like a sale of the company is the "end game". Sounds like he is getting close to ready to retire (therefore wouldn't be taking it private). I think $4 is about the best we could expect (USD) and it would be a double from here. I would take it!
Comment by microcaphobby on Jan 09, 2023 5:26pm
Me too. 
Comment by ubiquitousman on Jan 09, 2023 10:01pm
Listening to him last year some time, he made it sound like it wouldn't be that far off, within a couple years or so. If gold gets going this year, my guess is that this company could be sold by year end 2023. Hopefully for close to $4USD. Time will tell. just my thoughts/opinions.