Energold Mining Ltd. (EGD-TSXV)
Interview with:
Frederick W. Davidson, President and CEO
Business News, Financial News, Stocks, Money & Investment Ideas, CEO Interview
and Information on their
contract diamond drilling business that services the mining industry worldwide.

 

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New technology has helped Energold Mining successfully make the transformation into a drilling company

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Metals/Mining
Contract Drilling/Exploration
(EGD-TSXV)

Energold Mining Ltd.


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Frederick W. Davidson
President and CEO

Lynn Fosse, Senior Editor
CEOCFOinterviews.com
June 30, 2005



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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.” - Frederick W. Davidson

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