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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 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 Directional... see more

TSX:GEO - Post Discussion

Geodrill Limited > great 2nd q results
View:
Post by microcaphobby on Aug 08, 2022 9:46am

great 2nd q results

beat the highest expected earnings per share. On track to make  over 40 cents  this year, conservateily speaking. p/e of 6. Crazy.
Comment by profitprophet1 on Aug 08, 2022 11:44am
Q1=13 cents Q2= 13 cents Q3 = ??? Wet season..maybe 6 cents Q4 = 14 cents estimated 46 cents American *1.28 = 58.9 cents Cdn... The company is extremely undervalued. It is catching a bit of upward momentum today, but even if a p/e of 6 that's nearly $3.60. If p/e of 8 we're at about 4.70. It's a bit frustrating waiting but that's what we have to do I guess.
Comment by microcaphobby on Aug 08, 2022 3:23pm
I had forgotten we are in US dollars. Even cheaper than my original posting
Comment by DrewJackson on Aug 08, 2022 3:52pm
It probably won't get the valuation it deserves until the process of uplisting to the OTCQX is complete.
Comment by mirdad22 on Aug 08, 2022 5:10pm
When is the date planned for uplisting?
Comment by DrewJackson on Aug 09, 2022 10:20am
Assuming everything goes smoothly and gets approved, it usually takes 4 to 5 months. 
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