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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
Post by DoubleManon Jun 02, 2008 12:55pm
322 Views
Post# 15134903

Clarus still buying from Canccord...

Clarus still buying from Canccord...Today June 2nd...Clarus (024) is continuing to average in...buying at $5.15....and Canacord is trying to keep the price at $5.15.....

Conference call this afternoon and I feel confident that Fred will fortify EGD position and growth....looks like rig count could easily reach 70 ...from just over 27 a year ago at this time....

Earnings...all cash at current rates...rigs fully booked.....$10.00 by year end is my guess ...that is if the company sign is still on the doorway....juniors that grow at this rate are soon taken over by larger corporations looking to expand with guaranteed growth.....EGD is growing...no plans for standing still with this company.

Should be interesting listening to the conference call.....
Bullboard Posts