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Bullboard - Stock Discussion Forum Major Drilling Group International Inc T.MDI

Alternate Symbol(s):  MJDLF

Major Drilling Group International Inc. is a Canada-based provider of specialized drilling services primarily serving the mining industry. The Company provides a complete suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive/long hole drilling... see more

TSX:MDI - Post Discussion

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Post by FrozenInOntario on Mar 04, 2022 3:29pm

Pretty good earnings

Their best 3rd quarter in the last 12 years.   And, as per Larocque, were are in year 2 of this cycle with better margins when compared to year 2 of the last 2004-2012 cycle.   :Utilisation rate should go higher, copper still has to show up materially but at 4.95/pound today, it is only a question of time.   
The next couple of years promise to be quite exciting.
GLTA
Comment by ferret_ca on Mar 04, 2022 4:01pm
excellent earnings , I'm a very happy camper as this (along with t.cs) are where all my mining investments are for now, I love mdi as there is no specific company risk and it was way undervalued and cs is a bit of special situation and very undervalued. cheers ferret
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