CEO did a poor job on Conf call. He caughed up alot ofatitude about the seasonality question. Alright, Q2 is seasonlly strongest. But year over year, DEMAND MUST BE CRAZY HIGH!!!! I mean why the H isn't next year as a whole going to be 50% or more higher than thiis year. GOLD IS At 2600 dollars. Their are dozens of explorers who just presented at two conferences and there projects are GOLDEN with gold at these levels, and all the 1 billion plus market cap companies are drilliing like H. Not to mention the majors. PROjects are going to advance as fast as possible, money is goiing to pour into the sector. And the ceo gave no usuable guidance or insight into things other than things are going to slow down in Q3 and Q4.
And remember their is hudge leverage into a company like this as they have the equipment and it's all about utilization of the equipment, incremental demand falls right down to the bottom line, not to mention pricing power.
Less attitude and more insight.