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Energold Drilling Corp EGDFF

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.


GREY:EGDFF - Post by User

Post by NineLiveson Apr 27, 2019 9:41am
124 Views
Post# 29678550

Numbers are out

Numbers are outQuite the mixture. Losses continue but lower, margins are higher. I guess it was as expected, but Fred needs to get a grip on expenses and margins.  If the business plan isn’t working then fix it. $84 million in revenue and a profit should be produced.  Any fool can bring in revenue but takes a smart management team to realise a profit, something EGD is lacking.  Turn it around boys.......this year!!!!
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