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Forage Orbit Garant Inc T.OGD

Alternate Symbol(s):  OBGRF

Orbit Garant Drilling Inc. is a Canadian-based mineral drilling company. The Company provides both underground and surface drilling services in Canada and internationally to major, intermediate and junior mining companies, through each stage of mineral exploration, mine development and production. It operates through two segments: Canada (including surface drilling, underground drilling and manufacturing Canada), and International (including surface drilling and underground drilling). Its drilling services include surface drilling, underground drilling, geotechnical drilling, directional drilling and reverse circulation. The Company also provides geotechnical drilling services to mining or mineral exploration companies, engineering and environmental consultant firms, and government agencies. It manufactures custom drill rigs and ancillary equipment for its own use and also manufactures conventional drill rigs for third-party customers from its facilities in Val-d’Or, Quebec.


TSX:OGD - Post by User

Post by John14v3on Jul 26, 2023 7:39pm
142 Views
Post# 35558712

All drills back up and running in Quebec

All drills back up and running in Quebec

News out:

VAL-D'OR, QCJuly 26, 2023 /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) ("Orbit Garant" or the "Company") today announced that it has now restarted operations on all its surface and underground drilling projects in Qubec that had been previously suspended due to the impact of wildfires in the province.
 

The shutdowns will effect earnings but hopefully it's just a one-time write down that the stock price can move past. Maybe it will be back into $0.80's with the good news.

 

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