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Geodrill Limited T.GEO

Alternate Symbol(s):  GEODF

Geodrill Limited is an Isle of Man-based exploration drilling company with a fleet of 76 drill rigs operating in Africa and South America. The Company operates in approximately two continents and seven countries, namely Ghana, Burkina Faso, Cote d’Ivoire, Mali in West Arica; Egypt in North Africa; and Peru and Chile in South America. The Company provides Reverse Circulation, Diamond Core, Deep Directional Navi Drilling, Air-Core, Grade Control, Geo-Tech, and Water Borehole drilling services to intermediate and junior mining companies and operates a fleet of multi-purpose rigs in Africa. Its fleet stands at approximately 76 drills and is made up of over nine types, including EDM 2000 multi-purpose (qty. 6), Sandvik DE 810 multi-purpose (qty. 11), Sandvik DE 740 core (qty. 10), Sandvik DE 710 core (qty. 10), X1200 Multi-Purpose (1), X900 Multi-Purpose (17), Austex X350 RC / Grade Control (qty. 2), Austex X300 Air-core (qty. 7) and LM90 (qty. 7).


TSX:GEO - Post by User

Bullboard Posts
Comment by pcnisbeton Oct 22, 2000 9:30am
81 Views
Post# 2690970

RE: Gold & Geo Agenda...

RE: Gold & Geo Agenda...hax, there are pluses and minuses from a December start date. It does give GEO a good run up to spot problems prior to full production, but December in any Latin country is pretty much shot in the butt. They take those X-Mass holidays pretty seriously and nopt a lot of work gets done till January. I would suspect that December production will be tiny as a consequence, with more fullsome production coming in at the Begining of the year. THe Dec start will provide cross checks that all systems are go and ready for that full run in January, without losing sleep till after the new year.
Bullboard Posts

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