Energold Drilling Corp EGDFF

Metals & Mining Industrial Metals & Minerals

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.

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Energold Drilling Corp

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Post by DoubleManon Sep 09, 2008 12:09pm

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Post# 15441276

50% drop in 3 months.....

Typical of most Venture plays....the Venture exchange is back to 3 year lows...obvious the junior/micro stocks on this exhange are feeling the pinch as credit tightens...

I am sure that Clarus must be squirming in their seats as tdoay's current SP of 2.55 must fall short of their average buy in at this point...

I have no idea whether this price drop is a result of invester disappoinment of recent NR's or the overall negative market sentiment existing...I cannot offer any suggestion at this point as I too am a bit stunned at the 3 month plunge of the SP on EGD....

Comments anyone.....

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