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Forage Orbit Garant Inc T.OGD

Alternate Symbol(s):  OBGRF

Orbit Garant Drilling Inc. is a Canadian-based mineral drilling company. The Company provides both underground and surface drilling services in Canada and internationally to major, intermediate and junior mining companies, through each stage of mineral exploration, mine development and production. It operates through two segments: Canada (including surface drilling, underground drilling and manufacturing Canada), and International (including surface drilling and underground drilling). Its drilling services include surface drilling, underground drilling, geotechnical drilling, directional drilling and reverse circulation. The Company also provides geotechnical drilling services to mining or mineral exploration companies, engineering and environmental consultant firms, and government agencies. It manufactures custom drill rigs and ancillary equipment for its own use and also manufactures conventional drill rigs for third-party customers from its facilities in Val-d’Or, Quebec.


TSX:OGD - Post by User

Post by John14v3on Sep 20, 2023 6:28pm
177 Views
Post# 35646305

Gold up, OGD no where

Gold up, OGD no where

Earnings are out and are flat at best given Burkina write-down and Quebec fire shutdowns.

I really want to write a post pumping OGD up because I am substantial shareholder and really like the business....but I am shocked that a company with $200 million in revenue still looses money(on a EPS basis). In order to get institutional and larger investors to participate and drive this stock up, EPS needs to be in the positive. Safe Bonds are now at 5.5% and you can sleep at night. Oh well, OGD will be at $2 8n a couple years and we will all be laughing.

I will continue to hold my shares but it is becoming difficult as time goes by. 

Let's go OGD,


God Bless you all.



 

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