Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum 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... see more

GREY:EGDFF - Post Discussion

Energold Drilling Corp > ok that's it...
View:
Post by guido1077 on Jan 26, 2019 10:59am

ok that's it...

I'm going in aggressively on this one....$20 million in working capital including a few $mil in cash, the IPT shares, gold looking like it's breaking out, $7mm market cap with a pretty tight float, insider buying in the summer at $0.30, and the stock trading at a P/Book value of 0.17x, which is right where it bottomed in Dec 2015 before going on a huge rally. Then on the last conference call the CEO talks about refinancing the debentures at more attractive terms, which according to him should be easier given their expanded EBITDA. No plans to issue more equity. If you believe precious metals prices are going higher this year, this one seems like a total homerun to me. I'M IN!
Comment by HammyHamster. on Jan 26, 2019 2:04pm
This post has been removed in accordance with Community Policy
Comment by HammyHamster. on Jan 31, 2019 8:19pm
This post has been removed in accordance with Community Policy