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Gold/Mining/Energy : Major drilling TSE-MDI -- Ignore unavailable to you. Want to Upgrade?


To: reg who wrote (9)11/5/1997 11:19:00 PM
From: Peter  Respond to of 71
 
I have sold earlier around 30. I haven't looked at this for a while. But just take a look at the quote I know I don't like the stock momentum. One thing goes into mind is that for the winter season, the drilling revenue might be low, that might be causing the current sell pressure.



To: reg who wrote (9)11/13/1997 8:34:00 PM
From: sPD  Read Replies (1) | Respond to of 71
 
FORBES PICKS MDI AS ONE OF 100 BEST SMALL FOREIGN COMPANIES

MONCTON, N.B., Nov. 13 /CNW/ -

Major Drilling Group International Inc. (TSE - MDI) has been selected by Forbes Magazine as one of the 100 best small foreign companies. The Nov. 3, 1997 issue of Forbes Magazine highlighted their top 100 picks of small businesses, outside of the United States, which had annual revenues between $5 million and $500 million. The selected companies must have shown a return of at least 11% on equity in the latest fiscal year as well as a solid pattern of sales and earnings growth. The analysis leading to the selections included companies from 32 countries.

Major is located in Moncton, New Brunswick and currently has drilling
operations throughout North, South, and Central America, as well as in Turkey, Australia, Ghana and Indonesia. Its core business segment is mineral exploration drilling world wide. Major also conducts environmental and geotechnical drilling in the United States, and manufactures drills and support equipment through Universal Drilling Systems (UDR), a subsidiary of Mining World Limited.