Jerald Huang of Energold Drilling (TSX: EGD) – Cashing In On The Drilling Boom

from FinancialSurvivalNet

As everyone knows there’s a major drilling boom taking place. What many aren’t aware of is that much of the drilling be done is by companies under contract. Energold is one of those companies. Additionally, they also manufacture drilling equipment. So they’re the indirect beneficiaries of the natural resource scramble that is sweeping the globe. The minerals, metals and energy deposits that are being looked for are getting more and more difficult to extract, which is why company’s like Energold have a long and profitable cycle to look forward to. But as always, when you’re dealing with any company in the mining sector, do your due diligence.

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