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Bullboard - Stock Discussion Forum Iron Brdg Res Inc. OEXFF

"Iron Bridge Resources Inc is a Canada-based company. It is a crude oil and natural gas exploration, development and production company. Its project consists of Elmworth. The company receives maximum revenue from the sale of petroleum and natural gas."

OTCPK:OEXFF - Post Discussion

Iron Brdg Res Inc. > disappointed
View:
Post by pittns on Apr 10, 2018 3:29pm

disappointed

I do not know what you guys think but i cannot believe what happened here, all went up so much but this one just down...

That was my worst investement ever....
Comment by Ditto99 on Apr 11, 2018 9:41am
Sounds like it's been the worst speculation ever. If it was an investment it's too early to tell. The new management team is close to executing phase one of the transition from RMP, to IBR. With that, we need to see well results. With Feb's data out on CIOC and Velvet that directly offset, I'm confident that they will show good well results that should prove to define the company ...more  
Comment by foothillsdd on Apr 11, 2018 11:29am
Yes.  When oil is upand IBR is down, it does not make sense.  Lack of information from company does not help.  Hopefully when results come in from recent wells being tied in and later in the year we can see shareholder value.  But it is painful.  IBR should be able to multiply production many times given the amount and quality of land they have. 
Comment by ditchdigger251 on Apr 11, 2018 2:11pm
The old saying "Cashflow is King" is exactly what IBR needs to show the analysts.  They've sold off producing assets to focus on Gold Creek/Elmworth Montney.  The results of the ultra long lateral 76 stage horizontals is the critical piece of the development potential puzzle and in my opinion is what analysts are waiting for.  Meeting or exceeding past type curve ...more  
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