Tuesday, November 12, 2013 3:45:49 PM
They had some tough breaks mid year with weather related problems that forced them to pull workers from some other smaller projects so that they could finish up the huge CREZ project on time. They had to bite the bullet and pay subcontractors to finish those smaller projects. By finishing up that project on time, they set themselves up with a good reputation to be able to take on more new large projects, which is very important for their future growth. They also have all that new equipment to work with now. Another bad break they had was getting hit with the charge to clean up the pilings from a 50 year old mining site. That's a one time charge.
So I'm really looking forward to the quarterly report that will be coming out in the next few days, to find out what's been happening there, and to look at that their forward guidance. They don't come out with news near often enough, but what I do see I like and I'm holding on to my shares which I accumulated during their long drawn out slump after looking so great earlier in the year.
Recent GV News
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- GV Embraces Huge Potential Opportunities • PR Newswire (US) • 06/05/2024 12:30:00 PM
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