Orbit Garant Drilling Inc T.OGD

Alternate Symbol(s): OBGRF

Metals & Mining Industrial Metals & Minerals

Orbit Garant Drilling Inc. is a Canadian-based mineral drilling company. The Company provides both underground and surface drilling services in Canada and internationally to major, intermediate and junior mining companies, through each stage of mineral exploration, mine development and production. It operates through two segments: Canada (including surface drilling, underground drilling and manufacturing Canada), and International (including surface drilling and underground drilling). Its drilling services include surface drilling, underground drilling, geotechnical drilling, directional drilling and reverse circulation. The Company also provides geotechnical drilling services to mining or mineral exploration companies, engineering and environmental consultant firms, and government agencies. It manufactures custom drill rigs and ancillary equipment for its own use and manufactures conventional drill rigs for third-party customers from its facilities in Val-d’Or, Quebec.

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Orbit Garant Drilling Inc > Foraco presentation at Microcap Rodeao

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Post by FrozenInOntarioon Oct 21, 2021 9:33am

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Post# 34031890

Foraco presentation at Microcap Rodeao

Just listened to this presentation. Main take at the end of presentation : they are running at 80% in Canada and Australia and could bump it to 90% if they had the crews. He also mentionned that it would take between 3 to 4 months (even 6 months) to mobilize 6 for a new clients.
No questions on rates, but as this market is getting tight, rates shoujld be going up even more for the junior.
OGD is right in the sweet spot, this quarter should be very very good.

GLTA

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