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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 Nov 12, 2008 4:34pm
211 Views
Post# 15581764

Watch for tomorrow......

Watch for tomorrow......Today's selling was mostly "Anonymous".....this has been happening during recent trading....if tomorrow continues with Anonymous selling.....and no sign of Clarus (024) picking up shares......then I assume that Clarus are selling daily and hiding their identity ...seems suffiecient enough quantities are sold as not to raise alram bells amongst the investers....and note how each day the SP falls about 10 cents.....like it is being controlled.....

Caution urged at this stage....tomorrow should tell the  tale....

I think this would be an opportune time for management to step forward and ensure investers that contracts are still in place .....or at least some indication that the bottom is not falling out of EGD ....the stock is down over 85% YTD,,,

My take....comments welcome
Bullboard Posts