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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. > The unfortunate truth
View:
Post by JDavis17 on May 09, 2018 10:26am

The unfortunate truth

IBR sits stagnant near the 52-week low as everyone else powers higher.

Sell out to Velvet, or let Velvet take us over in a reverse takeover so they can go public. I would take shares in the combined company, or cash. We don't need to be paying a seperate management team to drill land that Velvet either surrounds, or already has an interest in.

IBR will never amount to anything on its own, as their land is too fragmented. Shareholders need to face that fact, as the market has already made its decision.
Comment by Gladstone22 on May 09, 2018 11:39am
JDavis I must disagree with your view that the market has  made its decision on IBR . IBR along with most other juniors have been lagging . Once the lastest 2 well production numbers are released at the end of May IBR should start to turn around. And with more wells slated to be drilled after breakup the stock will firm up . With condensate near $90 bbl cdn. we are building cash reserve for ...more  
Comment by Ditto99 on May 09, 2018 12:04pm
Agreed. One cannot have the mindset that this company is forgotten, or that Mr. Market has given up on it until well results are out. The company’s future is riding on good wells. To be caught up in anything other than a news release in 4 weeks is misdirected.  I've said it 1000 times. If you are holding this name, you are holding for well results, nothing else. Do not expect any changes ...more  
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