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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 > When will CEO and Founder sell GEO?
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Post by stockfy on May 14, 2024 8:12am

When will CEO and Founder sell GEO?

GEO's CEO is the founder and majority shareholder, who has said more than once that he will sell Geodrill one day.

Based on the excellent Q1 2024 results and bright outlook, 2024 will be a very strong year.
 
So I believe he will sell Geodrill on strength in order to receive a significant premium. Common sense.
 
So I believe he will sell Geodrill, once the strong 2024 results are out.
 
This means that he will sell Geodrill in 2025.

 
 
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Geodrill Limited