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Major Drilling Group International Inc T.MDI

Alternate Symbol(s):  MJDLF

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.


TSX:MDI - Post by User

Post by Possibleidiot01on Jan 06, 2024 8:06am
196 Views
Post# 35813608

Bruce Murray - BNN - BUY

Bruce Murray - BNN - BUY
BUY

Leading exploration driller for metals worldwide. Demand for copper and gold not going away. Well placed for commodity demand. No debt on cap table. Very good outlook for business. Would recommend buying. Cyclical business by nature, but overall - a good business. Target price is $14. Owns shares in portfolio. 

mining services
$9.120
Owned


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