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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 dsindon Nov 13, 2012 4:58pm
178 Views
Post# 20595581

What happened

What happened

Stock got hammered today.  I added to my position on the way down at 9.85 and 9.64. At nearly 7 times earnings this stock Seems cheap.  I am only slightly up now on this one but long term should see 12 + no?

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