welcome to the jungle !

You like fun and games....

Consolidation a bump on the road to redemption for BLY and its LSS ( Long suffering shareholders ) - My previous posts on careers and job uptake were spot on - now we have seen two profit revisions UPWARD in 2010 - their will be a third.

Track if you will the Canadian drillers on the TSE - here is the latest signpost on the road. Next one is Major Drilling - a key compeditor to BLY...

Like a fart in an elevator BLY is silent but deadly me compadres !


Jake



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Mon, May 10 2010Stocks
Orbit Garant Drilling Inc.
OGD.TO
$3.40
+0.00+0.00%12:00am UTC+1000
* Q3 EPS C$0.11 vs C$0.10 last year

Stocks | Global Markets | Basic Materials | Energy

* Q3 rev up 4 percent

May 12 (Reuters) - Drilling company Orbit Garant Drilling Inc's (OGD.TO) quarterly profit rose 16 percent helped by new contracts in its international drilling segment, sending its shares up as much as 7 percent.

For the third quarter ended March 31, the company posted a net income of C$3.7 million, or 11 Canadian cents a share, compared with C$3.2 million, or 10 Canadian cents a share a year ago.

Revenue rose 4 percent to C$28.8 million.

The company, which provides both underground and surface drilling to mining companies, said revenue from international operations rose to C$2 million from C$0.3 million last year.

It said metres drilled rose 18 percent, which partially offset the competitive pricing in Canada.

Shares of the company were trading up 5 percent at C$3.68 Wednesday afternoon on the Toronto Stock Exchange. (Reporting by Aftab Ahmed in Bangalore; Editing by Don Sebastian) ([email protected]; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: [email protected]))