Safe posted here about Major Drilling..MDI-T, Major Drilling Group International, Inc. which provides contract drilling services for mining and mineral exploration companies.
Their drilling services include surface and underground wireline core, reverse circulation, multipurpose, directional, environmental, geotechnical, rotary air blast, water well and grade control drilling services, as well as coal- bed methane and shallow gas related drilling services.
The company carries out both surface and underground drilling. It has drilling operations in Canada, the United States, Mexico, Australia, Indonesia, Mongolia, Africa, and South and Central America.
The company was founded in 1994 and is based in Moncton, Canada.
Going through various criteria of stock value , safety, timing, safety etc., this stock appears to be an Investor's Dream with double upside. I wish I owned some!
If say by chance, ARU would start utilizing their services, it might ultimately speed up ARU reporting future drill results and I'm sure many would appreciate that.
MDI has a forecasted EPS of $3.63, an Annual earnings growth rate of 24%. It has a great comfort owning level and has an annual sales growth of 31% per year.
Has 23 million shares with a market cap of $1.4 billion.
I really like this stock from the data I have perused. Hope they connect with ARU while in Ecuador.