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

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Post by NineLiveson Mar 07, 2019 2:58pm

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The way this is trading....

A brief pop then back down again, leads me to believe there is more going on than meets the eye. I am intrigued but don’t like the selling pressure. To pay down debt EGD needs to be profitable, will thier next numbers be good ?? They need to rack up at least $2 mill a quarter to pay down the next tranche due in 2020. Any thoughts ?

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