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Cabo Drilling Corp CBEEF

Cabo Drilling Corp is a Canadian drilling services company serving the mining industry in North, Central and South America, as well as Europe. It is engaged in providing contract drilling services including surface and underground coring, directional, reverse circulation and geotechnical drilling as well as a tree falling and clearing services to companies involved in mining and mineral exploration. The company operates in Canada and United States, Latin America, and Europe segments. The majority of the company's revenue comes from Latin America.


GREY:CBEEF - Post by User

Bullboard Posts
Comment by kraftdinneron May 13, 2005 8:06pm
149 Views
Post# 9033680

RE: Strange

RE: StrangeCoach, and yes I did address this issue to you originally as I do respect the time, research and committment you put into companies. I can only buy that argument for so long, it's been 4 months since the agreement and we're just talking about getting things started. I talked to APM mgmt by phone 3rd week of March and was told the drill was there but not the pipe, the drilling contractor was being blamed, 4 months to get drill pipe is just plain fishy. Why would Customs let a rig through but not the drill pipe - I call BS. If the company has 50 rigs, why do they not have drill pipe, I would expect some it to be consumed but most of the pipe should be reusable - I call BS. I have not once actually said they reneged on the contract - supposedly the rig IS there. I have implied that the company is not fullfilling its comittments in a timely matter, and is providing piss poor customer service in the pursuit of its own speculative ventures - this IS a conflict of interest for CBE, its drilling clients in the mining industry should not have to suffer drilling delays while CBE drills its own mining properties.
Bullboard Posts