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 Hobberson Sep 19, 2008 3:16pm

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Post# 15470911

Stock Options

I guess management thought the stock price was currently low enough to hand out some options close to the current price. Those getting them should do real well as time goes by. The options are exercisable on or before September 18, 2013 at a price of $2.50 per share. There's 998,000, or something like that, being granted, and it looks like some stockholders don't like it and are selling and moving on. About the only thing I can think of today tanking the stock when everything silver and gold seems to be so positive.

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