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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 DoubleManon Feb 22, 2008 2:23pm
261 Views
Post# 14529111

RE: Stagnation for the last six months

RE: Stagnation for the last six monthsFeb 7th NR anounced record 4th QTR drilling along with 121% increase in equipment with additional increases for 2008...these numbers are most encouraging but the $dollar figures that are needed to confirm success of the operation are being held back... As long as management at EGD hold back the financials...this stock is going nowhere...in fact there is now selling pressure...skiddish markets make nervous investers and this behaviour is not being received well.... some investers getting leary and starting to suspect problems...here are big blocks of selling orders sitting between $3.95 and $4.00 (over 150,000) which tell the tale.. Most large corporations have long since reported their Q4 results....EGD is micro cap size and IMO there is no need to take this long to release statements...frustrating.
Bullboard Posts