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Bullboard - Stock Discussion Forum Geodrill Limited GEODF


Primary Symbol: T.GEO

Metals & Mining Industrial Metals & Minerals
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 > Egypt
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Post by FrozenInOntario on Nov 24, 2021 4:15pm

Egypt

Harper did mention in today webinar  that there would be an annoncement on Egypt within the next 2 weeks.    And it would need to be material to be released.  
As they only have 2 drills in Egypt and just started their operations, one can speculate.   They did piggy back on a client demand to start their operations overthere.  Pretty good chance that it is Centamin that also have projects in West Africa.   I can see a like by GEO on one tweet about the start of an exploration campaign by Centamin.
Capital provides drilling services to the Sukori mine (Centamines) and got a pretty transformational contract for their waste, whatever it is.
So no idea what it could be but it will be fun to watch.  Afterall this market is opening up and if I understand well, not enough rigs for the drilling demand.
GLTA
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Geodrill Limited