Savvy Trades and Investments

[gilead23]

GEODF this is the second quarter in a row where pre-results commentary and actual results diverged dramatically.

This is what they said about this quarter a couple months ago

“Demand for drilling services has continued to increase and the Company expects the robust mining and exploration cycle will continue in 2023”

It’s completely normal after last quarters wild miss on expectations set when the quarter was halfway over to follow up with another disaster. Props to anyone who got it right, but this is not a surprising outcome.

If it hit a dollar today Canadian or .75 US I might trade it.