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Bullboard - Stock Discussion Forum
Major Drilling Group International Inc
T.MDI
Alternate Symbol(s):
MJDLF
Metals & Mining
Industrial Metals & Minerals
Major Drilling Group International Inc. is a Canada-based drilling services company primarily serving the mining industry. It provides a complete suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive/longhole drilling, surface drill and blast...
, and a variety of mine services. It maintains field operations and offices in Canada, the United States, Mexico, South America, Asia, Africa, and Australia. The Company has two categories of customers: junior exploration companies and a diversified portfolio of senior/intermediate companies, for which the Company provides greenfield exploration drilling and/or drilling at operating mines. The Company has invested in a fleet of digitized mobile underground drills that allow less dependence on client resources, as well as increased ability for automation and versatility.
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Bullboard (TSX:MDI)
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InFactsWeTrust
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Post by
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on Jun 22, 2020 1:40pm
Great recovery candidate
MDI's business has been impacted by covid19...which means it is a recovery candidate. The June corporate presentation is worth reading: https://www.majordrilling.com/wp-content/uploads
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on Jun 08, 2020 12:19pm
Picks and shovels...
I've been looking for a company that supplies the equivalent of 'picks and shovels' to the gold mining industry. This is it. Gold drilling is 57% of their drilling revenues
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