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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 > another good/great quarter....
View:
Post by ubiquitousman on Nov 11, 2022 9:55am

another good/great quarter....

the problem is the market cap of this company is too small to attract any institutional buying.
Should be trading at least at $2.5-$3 USD in my opinion. Maybe today's results/call will move
it up a little. I will be listening to day to hear if there is any further info on possible sale of company.
the president has said in the past that that is probably the "end game". $4 USD is my target over
next 12 months.  Could use gold over $2000USD to generate a little more interest here.  just my
opinions/thoughts.
Comment by ubiquitousman on Nov 11, 2022 10:27am
Nothing on call regarding possible sale. biggest take away new contract with copper driller in Choile, significant enough to move into the country with couple of rigs.
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