Major Drilling Grp Intl Inc Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Major Drilling Grp Intl Inc

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bwe who wrote (2)	4/7/2006 3:50:30 PM
From: Herb Duncan	Read Replies (1) of 6

I bought quite a bit when it was in the $4.00 range and still hold all and added some in the teens. My reasoning after the sector took as a result of falling inventories , we are looking at a shortage of several base metals for at least three years, most in the industry consider we have picked the low hanging fruit, in other words found most of the big deposits. So it is going to be drill drill drill, MDI gets payed not for what they find but for the holes they drill. They have also expanded recently into the oil drilling business so they are going to be busy boys for some time to come. Add to that it currently takes 7 to 10 years to bring new production on line. As long as the revenue is going up and the earning are coming in I am holding.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next