posted June 15, 2022 10:09 am by askretka
(248)
Makes sense $ 4.00 might be a bit low but I'd be happy with $4 buyout. I bought in at $1.80 last year and am enjoying the dividends while I wait. Cheers!
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posted June 09, 2022 10:36 am by microcaphobby
(88)
Major Drilling buys out geo at $4.00 by end of year ( minimum). MDI said it has run out of drills and wants to diversify its geographial base of business. GEO says they are for sale.
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posted June 08, 2022 10:42 am by profitprophet1
(133)
That's for sure. In addition to the 240% ebitda increase and 900% net earnings per share increase the following caught my eye. We should be in for a good year or two. “Looking ahead to
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posted June 08, 2022 10:01 am by microcaphobby
(88)
Look great and good for GEO.
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posted May 16, 2022 05:31 pm by BB123456
(9)
Positive write-up on Seeking Alpha seemed to bring a bit of interest to GEO and likely responsible for the move up today - https://seekingalpha.com/article/4512153-geodrill-high-quality-cheap
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posted May 13, 2022 01:41 pm by ubiquitousman
(37)
Harper has pretty much said the "end game" will be a sale of the company, probably to a larger driller, probably within 18-24 months or so. He owns over 1/3 of the stock and sounds like
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posted May 13, 2022 07:35 am by microcaphobby
(88)
It is basing at $2.14. Patient investors will be rewarded. Get divy while you wait.
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posted May 12, 2022 10:06 pm by nodice7777
(43)
It's getting caught up in the sell off of gold stocks in general. This company should get taken private.
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posted May 12, 2022 09:10 pm by waldenpawned111
(12)
Who knows what the markets will do in the short term, but damn this company is cheap right now. Question is, will it get cheaper??
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posted May 11, 2022 04:13 pm by bmreed
(95)
News Update: Geodrill (GEO) w CEO Dave Harper - Q1 2022 Quarterly Financial Results - https://www.youtube.com/watch?v=UsH4HWTRrmc {^youtubevideo|(width)425|(height)264|(rel)False|(url)https:/
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posted May 11, 2022 11:58 am by microcaphobby
(88)
Estimates 37 cents US this year profit per share, up from td target of 32 cetns..Left its target at 4.25. In this kind of market, not surpising.
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posted May 09, 2022 04:49 pm by microcaphobby
(88)
In addition, on May 9, 2022 insiders of the Company exercised 1,170,000 options at an exercise price of CAD$2.14 for proceeds of approximately CAD$2.5M. This represents
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posted May 09, 2022 03:58 pm by FrozenInOntario
(60)
When you are renting drills to do a contract, means that the business must be very good so you incur the extra cost. Anyway, did not expect to see them at 80 rigs before 3rd or 4th quarter.
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posted May 09, 2022 03:37 pm by microcaphobby
(88)
until their new units are ready.
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posted May 09, 2022 03:21 pm by FrozenInOntario
(60)
They are now at 74 owned rigs but really 80 rigs, as of they are renting 6. Note that these rigs are probably for the Sukhari contract as the contract is for a minimum of 5 rigs
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posted May 09, 2022 02:24 pm by microcaphobby
(88)
1,080,000 shares at $2.14 = 2.3 million dollars. Smart man. almost no cap gain since shares fell as low as $2.17 today. What a gift!
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posted May 09, 2022 01:26 pm by microcaphobby
(88)
I agree with your outlook. It is not a surprise that geo is dropping - - in a correction or bear market everything gets slammed. The dividend is nice.
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posted May 09, 2022 01:13 pm by screamer99
(24)
There's seasonality in the business so a straight extrapolation may not be the way to look at this. There was a video shared earlier where management said Q1-21 was a really good quarter because
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