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A O Smith Corp V.AOS


Primary Symbol: AOS

A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and other. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Impact Water, Water-Right, Master Water, Atlantic Filter and Water Tec brands.


NYSE:AOS - Post by User

Bullboard Posts
Comment by Saskatoonboyon Nov 03, 2008 12:19pm
450 Views
Post# 15562614

RE: HRG

RE: HRGNo they are not going tits up?  They are currently drilling 3-4 core holes on Clearwater.  They have to use up some of the money they have because it was flow-thru money.  They have scaled back their winter drilling program and in conservation mode, but are moving forward all be it slower than faster.  They should have about 15-16 million after their winter drill program is complete.  They are focusing on their best assests, that being Clearwater.  They are hopefully going to have a announcement out shortly with an update on what is going on.


Toonboy
Bullboard Posts