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Geodrill Limited GEODF


Primary Symbol: T.GEO

Metals & Mining Industrial Metals & Minerals
Geodrill Limited is an Isle of Man-based exploration drilling company with a fleet of 76 drill rigs operating in Africa and South America. The Company operates in approximately two continents and seven countries, namely Ghana, Burkina Faso, Cote d’Ivoire, Mali in West Arica; Egypt in North Africa; and Peru and Chile in South America. The Company provides Reverse Circulation, Diamond Core, Deep Directional Navi Drilling, Air-Core, Grade Control, Geo-Tech, and Water Borehole drilling services to intermediate and junior mining companies and operates a fleet of multi-purpose rigs in Africa. Its fleet stands at approximately 76 drills and is made up of over nine types, including EDM 2000 multi-purpose (qty. 6), Sandvik DE 810 multi-purpose (qty. 11), Sandvik DE 740 core (qty. 10), Sandvik DE 710 core (qty. 10), X1200 Multi-Purpose (1), X900 Multi-Purpose (17), Austex X350 RC / Grade Control (qty. 2), Austex X300 Air-core (qty. 7) and LM90 (qty. 7).


TSX:GEO - Post by User

Geodrill Limited > Great Q1 results, but what trickles down to shareholders ?
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Comment by Craniumon May 14, 2021 10:46am
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Post# 33203135

RE:RE:RE:RE:RE:Great Q1 results, but what trickles down to shareholders ?

RE:RE:RE:RE:RE:Great Q1 results, but what trickles down to shareholders ?Who could have know that drillers would be doing well with commodity prices soaring?  I was more shocked that TD didn't up their guidance after that call than I was with these earnings.  I was more surprised that the stock didn't go up in March than I was with these earnings.

Did I say it's ok? It is what it is.  If the sector didn't have a great outlook and the company didn't have a good plan I wouldn't want to be in a company with those grants... but if the setup looks good for 100-200% over a couple of years I'm not going to worry that it could have been 150-250%.

Best of luck.
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