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Major Drilling Group International Inc T.MDI

Alternate Symbol(s):  MJDLF

Major Drilling Group International Inc. is a Canada-based provider of specialized drilling services primarily serving the mining industry. The Company provides a complete suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive/long hole drilling, surface drill and blast, a variety of mine services, and ongoing development of data-driven, high-tech drill side solutions. Its mineral drilling services include specialized drilling, conventional drilling, and underground drilling. It maintains field operations and offices in Canada, the United States, Mexico, South America, Asia, Africa, Australia, and Peru. The Company has two categories of customers: junior exploration companies and a diversified portfolio of senior/intermediate companies, for which it provides greenfield exploration drilling and/or drilling at operating mines.


TSX:MDI - Post by User

Post by LTOWNERon Dec 05, 2011 5:02pm
406 Views
Post# 19293187

Highest Earnings in History

Highest Earnings in History Major Drilling just released its Q2 2012 report with record revenues and earnings for the quarter. The Bradley group acquisition kicked in for the last month of this quarter but the company experienced record revenues even without the $11 million contribution from Bradley. 6 month eps are $.68 vs. $.23 last fiscal year half. The company expects continuing growth in the second half, although Q3 is seasonally the weakest quarter. There has been no slowdown in the industry in spite of volatility in world markets. Beautiful chart and a nice lateral play on gold exploration! Conference call tomorrow - access through website.
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