BLY 0.00% $2.91 boart longyear group ltd

Breakout 6.5c. to test 8.2c for next Breakout to 11c, page-58

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    2016 Outlook Feb 2016

    Minerals - Flat at current level
    Gold - Potential for more activity, but not yet visible in business
    Water Drilling - Potential for more activity

    Company almost valued at a billion dollars at 10c, 2016 outlook doesn't look like its going to produce the earnings to maintain that valuation imo unless investors are looking at 2017/18/19 and an uptick in exploration and mining activity . Canadian tax audits - when is that going to resolved ? and what is the expected damage to their cash levels.
 
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Currently unlisted public company.

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