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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 provider of specialized drilling services primarily serving the mining industry. The Company 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/long hole drilling, surface drill and blast, a variety of mine services, and ongoing development of data-driven, high-tech drill side solutions. Its mineral drilling services include specialized drilling, conventional drilling, and underground drilling. The Company maintains field operations and offices in Canada, the United States, Mexico, South America, Asia, Africa, and Australia. It 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.


TSX:MDI - Post by User

Major Drilling Group International Inc > RICK RULE - BNN - BUY
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Post by Possibleidiot01on Sep 07, 2023 2:29pm
198 Views
Post# 35624611

RICK RULE - BNN - BUY

RICK RULE - BNN - BUY
BUY

Major Drilling Group International Inc(MDI-T)

07/09/2023
Major Drilling Group International Inc
 

Industry sees them as a well-regarded, very competitive firm. He doesn't normally own process and service stocks. No objection to someone adding. Pretty attractive margins and market share.

mining services
 
N/A
Not owned
UnlockRating
Is drilling a way to play a global runup in mining activity?

An argument is that drilling companies benefit disproportionately. In playing that game, it introduces a different level of risk. You need to understand the operating parameters of the drilling business, not just the mining business, and that's proven to him over 40 years to be a step too far. He's worked hard enough to understand primary production in mining and energy, and he decided not to pursue the service industry.

Unknown
 
N/A
Unknown


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