Company Updates From Management – Tue 12 Jun, 2018

Energold Drilling – Update On The Drilling Environment From Exploration Companies

While I’m currently on a site visit I figured I could get a more general Company update posted… I have recieved a couple questions on Energold and its other company Impact Silver. To start we get an update from Energold.

Energold is a drilling services company which I find useful to get an inside look at the drilling environment in the resource sector. Fred Davidson, President and CEO of Energold, shares his insights from current and upcoming contracts signed. We also look at the recent financials that have started to turn around for the Company.

Click download link to listen on this device: Download Show

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Comments:
  1. On June 12, 2018 at 9:30 am,
    CFS says:
  2. On June 12, 2018 at 10:51 am,
    Hartford says:

    Great company – have seen it since the $5+ days and glad to see they’ve kept shares tight at 50 odd million shares or so. It’s come down alot but market only seem to care about the mining business, none of their other energy and water revenues.

    Real company and surprised to see it so cheap considering it’s doing $75M revenues last year (though at loss). Most drillers are turning around and I suspect lots of upside with so little shares out.

    Good reminder Cory I’ll be picking some shares up at $0.40s, bit of a steal at these levels. If you have doubts look at last 10 years, stock trades up on drilling increase in sector and jumps over $3 multiple times. Pretty clean balance sheet and positive earnings (EBITDA), next would be better EPS numbers.

  3. On June 12, 2018 at 12:51 pm,
    Mike in NM says:

    Cory:

    Thanks for this – I’ve liked Fred Davidson since the first time I listed to him on a Conference Call. I’ve stayed with Energold for years and it has been a hard ride but hearing this interview made me feel a bit better about that decision.

    Thanks again for the interview.

    Mike

  4. On June 13, 2018 at 12:26 am,
    Markedtofuture says:

    Dave Janda – Donald Trump Will Preside Over Reset and Bankruptcy – Greg Hunter

    Radio host Dr. Dave Janda says the debt based financial system is headed for a reset. Janda says the reset will not only reset the debt but clear out corruption and “restore the rule of law.” Janda also says, “I have political sources that have said a reset will occur. I do not have a time frame for the reset . . . . I believe Donald Trump will preside over the largest bankruptcy in history, and that is why he’s there. I also believe that this reset will involve an escalation in the price of gold and silver, and the manipulation will be terminated.”

    Join Greg Hunter as he goes One-on-One with Dr. Dave Janda, host of the “Operation Freedom” radio show, for an in-depth interview.

    https://www.youtube.com/watch?v=Rri-Ngj8QoE

  5. On June 13, 2018 at 6:52 pm,
    Markedtofuture says:

    ARV: Artemis Begins Drilling Super-Deep Hole in West Pilbara

    https://www.asx.com.au/asxpdf/20180614/pdf/43vrjzvx1kgvlg.pdf