Servotronics Inc V.SVT

Primary Symbol: SVT

Industrials

Servotronics, Inc. develops and manufactures servo controls and other components for various commercial and government applications, including aircraft, jet engines, missiles, manufacturing equipment and other aerospace applications. The Company's Advanced Technology Group (ATG) segment designs, manufactures, and markets a variety of servo-control components, which convert an electrical current into a mechanical force or movement and other related products. Its servo-control components produced include torque motors, electromagnetic actuators, hydraulic valves, pneumatic valves, and similar devices. Its operating facilities are located in Elma and Franklinville, New York. The Company’s products are marketed and sold throughout the United States and in selected foreign markets.

NYSEAM:SVT - Post by User

Servotronics Inc

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Comment by vinniePon Jul 21, 2018 8:16am

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Post# 28348353

RE:RE:RE:RE:RE:DRILL PERMIT RECEIVED!

ewandf wrote:
I was a little surprised by the Friday release and also the downtrend of the first 1/2 hour. Great support though. As mentioned in the nr, we will get a quick update on the drilling strategy, so another release hopefully in the week or so. Expand that great resource!

For sure!!! According to some that have shared emails with Patrick, a tender has been put out and filled, rig ready to go?!? If targets are identified and drilling imminent, the only other move would be a financing? Short to medium term this is looking pretty good, pending solid drill results. Should see this tick marginally upward with everything falling into place and continued support from investors.

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