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Geodrill Limited T.GEO

Alternate Symbol(s):  GEODF

Geodrill Limited is an Isle of Man-based exploration drilling company with a fleet of 76 drill rigs operating in Africa and South America. The Company operates in approximately two continents and seven countries, namely Ghana, Burkina Faso, Cote d’Ivoire, Mali in West Arica; Egypt in North Africa; and Peru and Chile in South America. The Company provides Reverse Circulation, Diamond Core, Deep Directional Navi Drilling, Air-Core, Grade Control, Geo-Tech, and Water Borehole drilling services to intermediate and junior mining companies and operates a fleet of multi-purpose rigs in Africa. Its fleet stands at approximately 76 drills and is made up of over nine types, including EDM 2000 multi-purpose (qty. 6), Sandvik DE 810 multi-purpose (qty. 11), Sandvik DE 740 core (qty. 10), Sandvik DE 710 core (qty. 10), X1200 Multi-Purpose (1), X900 Multi-Purpose (17), Austex X350 RC / Grade Control (qty. 2), Austex X300 Air-core (qty. 7) and LM90 (qty. 7).


TSX:GEO - Post by User

Bullboard Posts
Post by namesteveon Jun 19, 2008 5:47pm
173 Views
Post# 15206461

concessions for bid

concessions for bid Jun 19 (bloomberg) Nicaragua plans to open its largest volcano to geothermal exploration as record oil prices force the government to seek new sources of energy.
  Concessions to extract energy from the San Cristobal volcano, which has the largest energy potential of the country's 12 geothermal sites, will be put up for bids.
  Nicaragua's Energy Ministry said, the government will consider offers of at least $ 30,000 made before July 31, according to a statement posted on the Energy Ministry Web site today.
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   Does Polaris have a chance to get in on some of this action ?  Would be great to add more sites to their pipeline of projects .
                                                             regards steve
Bullboard Posts