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Energold Drilling Corp EGDFF

Energold Drilling Corp provides drilling services. The company's reportable segments are Minerals, Energy, and Manufacturing. Minerals segment provides drilling services in the minerals industry for parties principally in North America, Mexico, the Caribbean, Central America, South America, Africa and Europe. Energy segment provides drilling and other services to the energy sector in Canada, the U.S. and South America, and Manufacturing segment is engaged in designing, and manufacturing of equipment for water well, mineral exploration and geotechnical drilling companies. It generates a majority of its revenue from the Minerals segment.


GREY:EGDFF - Post by User

Bullboard Posts
Comment by retep6on Nov 30, 2007 3:41pm
150 Views
Post# 13897697

RE: Been trying to figure out these numbers

RE: Been trying to figure out these numbersThe MD&A on SEDAR explains it more clearly.  Rather than attempt a lengthy explanation, I would suggest you read that.

In a nutshell, it's all good. I can easily see the company earning in excess of .50/share in 2008, and with a multiple reflecting the rapid pace of growth (say 20X), the stock could reach $10.00 over the next 12 months or so.

gl longs
Bullboard Posts