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.

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Energold Drilling Corp > EGD: Thoughts on Q4 2017? 2 watermelons in 1 hand?

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Post by stockfyon Apr 18, 2018 1:51pm

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Post# 27905862

EGD: Thoughts on Q4 2017? 2 watermelons in 1 hand?

What's your thoughts on yesterday's news? Don't you think that the turnaround takes longer than expected? EGD lost a lot of money again for another quarter in a row and EBITDA was negative too. EGD also continued burning cash in Q4 2017. When will Fred turn this around? Perhaps, he needs to resign and focus only on IPT? How can Fred hold two watermelons in one hand?

I'm still doing my dd here, I own only debt-free, dirt-cheap mining stocks such as Ascendant Resources (ASND) and Gogold Resources (GGD) and I want to diversify my mining portfolio. tia.

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