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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Post by Kantenahon Feb 10, 2010 8:15am

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Post# 16770054

Technicals have turned ugly.

Several technical indicators are pointing lower for EGD these days. Looks like the market has soured towards this play for the time being. Probably a reflection of EGD's big stake in IPT and the fact that the price of silver has fallen off a small cliff of late.

Only question now is... where's the bottom?

-K

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