On what do you base that assessment? They have contracts for $55 million this year alone
Swick family have been buying up shares while the price is down.
Diamond drilling is NOT going to go away, and SWK pretty much have the field to themselves. Boart Longyear are their closest competitors, but Swick have their rigs fully mobile, and have contracts with companies like BHP, Newmont, Consolidated, and many others.
They are making more rigs to keep up with the demand - where's the problem in that?
Methinks you may be doing a bit of downramping there.....
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