BLY 0.92% 54.0¢ boart longyear group ltd

Mining uptick, page-2

  1. 489 Posts.
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    For those interested here is an article that graphs revenue of the top 10 drilling companies.  From an online magazine dedicated to drilling.  Clearly my trade position on this dog is too big when I'm browsing articles like this.   A monumental career trading mistake for me no doubt. 

    One positive is that Boart's large market share means they're high beta.  If commodities have a bumper year, Boart's revenue will jump very significantly ie into the billions like in 2012.
    https://coringmagazine.com/article/top-10-mineral-exploration-drilling-contractors/

 
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