u/Embarrassed_Role396

The author argues Major Drilling is a specialist in deep, hard-rock, complex drilling that enables the REE and critical minerals boom without owning mines. As Western governments push for supply chain independence from China and easy deposits are exhausted, more exploration and specialized deep drilling should follow, benefiting MDI. The author cites record Q2 FY2026 revenue of CAD 244M, CAD 38M EBITDA, essentially zero net debt and CAD 149M liquidity as evidence of financial strength, with a CAD 23 price target over a 3-5 year horizon. Main risk implied is cost pressure on margins.

The author is bullish on GEO Group, a prison operator, arguing that ICE detention demand persists as long as Republicans lead, citing the $121 million skip tracing ICE contract. He points to the board's increased $500 million share repurchase authorization through December 2029 and a moderate P/E of 9.41 as supporting factors. He expects political turmoil around midterms and deportation policy to keep demand for detention and inmate labor elevated into 2026, while acknowledging he is 'not proud of this bet.'