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Energold Drilling Corp EGDFF

Energold Drilling Corp provides drilling services. The company's reportable segments are Minerals, Energy, and Manufacturing. Minerals segment provides drilling services in the minerals industry for parties principally in North America, Mexico, the Caribbean, Central America, South America, Africa and Europe. Energy segment provides drilling and other services to the energy sector in Canada, the U.S. and South America, and Manufacturing segment is engaged in designing, and manufacturing of equipment for water well, mineral exploration and geotechnical drilling companies. It generates a majority of its revenue from the Minerals segment.


GREY:EGDFF - Post by User

Bullboard Posts
Post by PositionTradeon Feb 23, 2003 2:32pm
59 Views
Post# 5891009

Expectation for Q4 &...

Expectation for Q4 &...In the Q3 report, "Energold Mining Ltd. is pleased to announce earnings of $320,436 ($0.02 per share) for the third quarter of 2002 and a year to date profit of $141,287 ($0.01 per share). The renewed confidence in Gold and the subsequent increase in drilling generated a third quarter increase in working capital of $528,741." What's the expectation for Q4? Considering the climate, it's not over-optimistic to expect a little more, right? If this expectation materializes, what p/e and price should be fair value and what effect it will have upon the exploration side? Seems undervalued, I think.
Bullboard Posts