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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. The Company maintains field operations and offices in Canada, the United States, Mexico, South America, Asia, Africa, and Australia. It has two categories of customers: junior exploration companies and a diversified portfolio of senior/ intermediate companies, for which the Company provides greenfield exploration drilling and/or drilling at operating mines.


TSX:MDI - Post by User

Comment by mark56981on Jun 29, 2012 9:24pm
155 Views
Post# 20071166

RE: RE: RE: US Drillers Upgraded

RE: RE: RE: US Drillers Upgraded

if it comes out of the ground, its been under pressure. i picked up a little on 16may12 at about 11. weekly chart looks to be bottoming ... rsi and moneyflow; macd looking attractive as well.  expecting a minimum of 30% over the coming year excluding the div.. which is negligible. it was mentioned that the majors and midcaps will keep the rigs turning in the meantime. 

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