RE:OGD Earnings Release 3rd Qtr earning releaseWell, Foraco did report pretty good results but they are more diversified geo than Orbit. MDI will only report in June. Geodrill will report on Wenesday the 12 before the bell, so this should give an idea about the african market.
However, Orbit biggest chunk of revenus comes from Canada, and from the Abitibi region. From the last MDI conference call, Canada was leading the demand, which appears the normal pattern in an recovering market. Cartier Ressources CEO was mentionning on a recent interview (i posted the link in Foraco thread) that drills were hard to come by. All of this point to the beginning of pretty good results for OGD. The Jan-Mar being their lowest because of the seasonnality.
Anyway, lets hope the results are good, but the stock has already began to move like Foraco and MDI. Lets see what they report and if it brings some eyes to it.
Regards,