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Bullboard - Stock Discussion Forum Geodrill Limited GEODF


Primary Symbol: T.GEO

Geodrill Limited is an Isle of Man-based exploration drilling company with a fleet of 76 drill rigs operating in Africa and South America. The Company operates in approximately two continents and seven countries, namely Ghana, Burkina Faso, Cote d’Ivoire, Mali in West Arica; Egypt in North Africa; and Peru and Chile in South America. The Company provides Reverse Circulation, Diamond Core, Deep... see more

TSX:GEO - Post Discussion

Geodrill Limited > Quarterly results thursday before opening- then conf. call
View:
Post by ubiquitousman on Nov 07, 2021 9:16pm

Quarterly results thursday before opening- then conf. call

I expect another good quarter. Sooner or latter this little stock should start to get some notice.
Why it isn't at $3 USD now I don't really understand. this could be a $6 stock in a year in my
opinion if gold can get back over $2000 next year. time will tell I guess. I like the risk reward
ratio here.
Comment by microcaphobby on Nov 09, 2021 11:01am
I concur. The sale price  on this stock is ending Wedneday.
Comment by FrozenInOntario on Nov 09, 2021 1:13pm
I concur also that GEO should post excellent results.   However, note that Capital, despite posting stellar results for the June-Sept quarter (sales results only as they report on a semester basis) and also increasing their guidance for the 4th quarter, did not see any pop when they posted results.  So the sale could last a bit longer.   No idea why this is trading this ...more  
Comment by nodice7777 on Nov 09, 2021 5:34pm
When this company was listed on the TSX 11 years ago, early days had it trading at roughly the same market cap as today yet the company had 18 rigs back then, whereas now they have 69 and are poised to produce record results!  It just goes to show you the sentiment towards mining related companies back then vs now. It's asinine that the stock is trading at this level but then again it' ...more  
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