This is basically the canary in the mineshaft for the mining space. The miners have done really well, so this is the major way to play the recovery and resurgence of interest in the mining sector.

The drillers have all had a little bit of problem recently. This one is a little bit more exposed to the mining side, which continues to be very, very challenged. If you want a drilling company, he would prefer CanElson Drilling (CDI-T), which has done a good job. Has exposure to Mexico, North Dakota and Canada. Also, has a dividend yield of about 4%.

In the next 12 months or so, she thinks this might rebound from the current lower level. Valuations are quite cheap. Company has a very attractive balance sheet. However, about 30% of their major drilling business is coming from exploration on the Junior side. Stock has priced in somewhat with lower activities. 2.75% dividend and she doesn’t see any increases coming. (Host comment: Beta is 1.9 id est., 90% more volatile than the TSX.)

This is a drilling company for mines. You are exposed to activity but not to cost overruns. As long as they are drilling trying to find things they are a beneficiary. Looks pretty interesting at this price.

(Market Call Minute.) Looking at this one. Had a record quarter but the stock has not responded. A potential Buy.

Drills for copper, gold, etc. International. Great company. Very profitable. Has been extremely volatile like all commodities stocks. You have to be prepared to buy when nobody wants it, such as now, and sell when everybody wants it.