Savvy Trades and Investments

[gilead23]

GDLLF thought it was a good risk/reward at 2


So tells you what I know. There are some possible catalysts here with the 3 50 million dollar contracts they are bidding. I don’t think it would have appeared in the Stifel report had they not had a good probability of landing some of it.

Next quarter should be solid for what is generally a seasonally weak quarter. Probably won’t be a ton though and EPS of .07 would be a really nice result. That does mean absent contract news there likely won’t be a stock moving earnings release until March.

I do think the other catalyst is a possible buyout. Pretty sure Dave Harper would be thrilled to hang them up and a deal would likely be north of 3 given other transactions in the space.

Given the new capex and geographic as well as business line expansion I figure .40-.50 in eps ought to be a good bet for 2022 unless gold were to collapse, but exploration budgets are robust even at $1400, and you have the diversification to base metals and BAU blast drilling which is not connected to the exploration cycle to smooth results.

Right now it seems like I’ll have to be patient, but I expect to double my money in the next 12 months.