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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 > the rental units are only short term
View:
Post by microcaphobby on May 09, 2022 3:37pm

the rental units are only short term

until their new units are ready.
Comment by FrozenInOntario on May 09, 2022 3:58pm
When you are renting drills to do a contract, means that the business must be very good so you incur the extra cost. Anyway, did not expect to see them at 80 rigs before 3rd or 4th quarter.    GLTA 
Geodrill Limited
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