Energold Mining Ltd. (EGD-TSXV) |
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CEOCFO Current Issue |
This is a printer friendly page! New technology has helped Energold Mining successfully make the
transformation into a drilling company
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A number
of years ago, Energold elected to get into the contract exploration business, primarily
focusing on drilling. The drilling at that time, had not taken in the changes of
technology nor the changes in social and environmental issues. We focused on new
technology, developing new types of rigs that could explore with minimal environmental
impact and a maximum benefit flowing down to the local community. The result is that we
are a growing niche company in an expanding market for exploration. We have been
fortunate. We were growing at a healthy rate of 25-35% a year up to last year where we
grew an excess of 100%. I think that with the way we are seeing the market grow right now,
we will continue to see continual improvements in earnings and in revenues. |
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