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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.


GREY:EGDFF - Post by User

Energold Drilling Corp
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Comment by BubbaBullon Feb 05, 2009 6:07pm
521 Views
Post# 15756449

RE: RE: RE: gold is cheap..... correction

RE: RE: RE: gold is cheap..... correctionJust noticed this "Gold is cheap" post and I can't help but ponder what that has to do with  EGD. I like them, I bought some at this level but I'm not exactly under the impression that we will see a great rise in the SP this year since almost all companies capex's are down in an effort to preserve capital. This is a "drilling" company not a gold explorer/producer and if companies aren't contracting for drilling sevices this year as much as last year, we will probably see a drop in this years earnings. Long term this company is golden though- no pun intended ( well maybe just a little, LOL). It be another MDI story- lets hope!
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