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Major Drilling Group International Inc. (MJDLF) CEO Denis Larocque on Q3 2021 Results - Earnings Call Transcript

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Major Drilling Group International Inc. (OTCPK:MJDLF) Q3 2021 Results Conference Call March 5, 2021 9:00 AM ET

Company Participants

Chantal Melanson - Executive Assistant

Denis Larocque - President & Chief Executive Officer

Ian Ross - Chief Financial Officer

Conference Call Participants

Daryl Young - TD Securities

Maggie MacDougall - Stifel

Ahmad Shaath - Beacon Securities


Good morning, ladies and gentlemen, and welcome to the Third Quarter 2021 Results Conference Call.

I would now like to turn the meeting over to Chantal Melanson. Please go ahead, Ms. Melanson.

Chantal Melanson

Thank you, and good morning, everyone. As mentioned, we would like to welcome you to Major Drilling's conference call for the third quarter of fiscal 2021. On our call, we will have Denis Larocque, President and CEO; and Ian Ross, our Chief Financial Officer. Our results were released yesterday evening and can be found on our website at www.majordrilling.com.

We also invite you to visit our website for further information. Before we get started, we'd like to caution you, during this conference call, we will be making forward-looking statements about future events or the future financial performance of the company. These statements are forward-looking in nature and actual events or results may differ materially from those currently anticipated in such statements.

I will turn the presentation over to Denis Larocque. Please go ahead.

Denis Larocque

Thank you, Chantal. Good morning, everyone, and thank you for joining us today. We are pleased by the level of activity generated this quarter, both before and after holiday period. Third quarter is always impacted by a seasonal shutdown over Christmas at certain projects, but November was a particularly good month and continued the progression we experienced in the previous quarter. December saw the usual anticipated reduction in operations over the holidays, while in Canada, January got off to a quicker start than previous years. These factors

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