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Geodrill Limited T.GEO

Alternate Symbol(s):  GEODF

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

Comment by screamer99on May 18, 2021 9:21am
257 Views
Post# 33220997

RE:RE:Completely undervalued

RE:RE:Completely undervaluedProfitability now trumps those risks, in my view.  But don't take my view.  Here's another view that was posted just minutes ago.

Geodrill and "absurdly cheap" used in the same sentence.  Also looking at 100% upside from here.

A Seeking Alpha article:

https://stockhouse.com/news/newswire/2021/05/18/geodrill-absurdly-cheap-pick-and-shovel-play-on-commodity-boom
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