Major Drilling Group International Inc T.MDI

RICK RULE - BNN - BUY

[Possibleidiot01]

BUY

Major Drilling Group International Inc(MDI-T)

07/09/2023

 

Industry sees them as a well-regarded, very competitive firm. He doesn't normally own process and service stocks. No objection to someone adding. Pretty attractive margins and market share.

mining services

 

N/A

Not owned

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COMMENT

Is drilling a way to play a global runup in mining activity?(A Commentary)

07/09/2023

 

Is drilling a way to play a global runup in mining activity?

An argument is that drilling companies benefit disproportionately. In playing that game, it introduces a different level of risk. You need to understand the operating parameters of the drilling business, not just the mining business, and that's proven to him over 40 years to be a step too far. He's worked hard enough to understand primary production in mining and energy, and he decided not to pursue the service industry.

Unknown

 

N/A

Unknown

[dogatcat]

The service industry in mining and energy, can be like a stock on sterioids during the beginning of a bull market.  They are called upon by everyone to get the minerals out of the ground while companies get he money together to equip the build out.    This will be a $15 plus stock at some point in the near future.  That is why I am holding on to my shares.