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Bullboard - Stock Discussion Forum Geodrill Limited T.GEO

Alternate Symbol(s):  GEODF

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 > So cheap
View:
Post by waldenpawned111 on May 12, 2022 9:10pm

So cheap

Who knows what the markets will do in the short term, but damn this company is cheap right now. Question is, will it get cheaper??
Comment by nodice7777 on May 12, 2022 10:06pm
It's getting caught up in the sell off of gold stocks in general. This company should get taken private. 
Comment by ubiquitousman on May 13, 2022 1:41pm
Harper has pretty much said the "end game" will be a sale of the company, probably to a larger driller, probably within 18-24 months or so. He owns over 1/3 of the stock and sounds like after 25+ years might be ready to take it a little easier. My guess is the company should sell for $4-$6 a share. I know that is a pretty broad range. Bottom line, unless gold absolutely collapses, anyone ...more  
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