Interview
with: John A. Versfelt, Chairman, President and CEO - featuring: their mineral and specialty drilling services provided
through their headquarters in |
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| Cabo Drilling Corp. (CBE-TSX-V) |
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This is a printer friendly page! Cabo Drilling is unique
in that as a drilling services company Cabo provides exposure to the Mining Sector without
the commensurate risk. Additionally drilling companies are not tied to a single commodity
or project but have the ability to participate in the upside of the demand for numerous
commodities.
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“One of the big
reasons that investors should be interested in Cabo is because of the activity in the
mining sector, unless you are actually a mine, you are spending money and not making
money, as far as Cabo Drilling is concerned, we are making money. We are making money on
the exploration side of things; we are actually drilling the holes for the
exploration/mining companies. Therefore, what you have with Cabo is you have a company
that is in the mining industry that is not a mining production company, but is producing
revenues from those who wish to find deposits and put a mine into production. In addition,
once the mines are in production Cabo can continue to work for them, as we can provide
them with the drilling for their ongoing mining of the reserves that they need to develop.
The best comparison that I can make is in the ‘gold rush’ days in |
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