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The Company engaged in the business of electrical construction and real estate development.
Strong balance sheet. Plenty of cash on hand and priced relatively cheap.
Short attack over?
They had a windfall with one contract and would need to keep winning contracts of that caliber to maintain the upward trend. They will see a big drop in revenue late this year.
Like most 4mths. ago 40 cents today 2.12 which looks like a deal today to add another trance on weakness barring a nuclear attack should triple in a year
I just found a gold nugget in the rough...This company has been trading in the pennies for over several years after they got out of the silver mining business and had to pay fines for the cleanup of the site. They have been making slow progress in buying back shares at less than $0.40 pps. They finally landed the largest tranmission line contract in Texas and the results are shown in the link below. In addition, they were the first company to be listed on the American Stock Exchange over 100 years ago and they are still in business.http://www.thestreet.com/story/11502239/1/goldfield-corp-stock-upgraded-gv.html?puc=msn&cm_ven=msnIf they get another transmission line contract in the next 12 months, this one will really take off.
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