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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. > Who all are still holding?
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Post by Ibribr on Oct 06, 2018 10:46am

Who all are still holding?

Anyone on here still holding? I did not tender my shares, waiting to see how it all plays out. Spoke to kingsdale, they had no idea what will be discussed at the meeting on nov 6. Large lot purchase at 0.85 yesterday and the fact that less than 90% are good signs. All my opinion.
Comment by Strega07 on Oct 07, 2018 12:40am
I've still got mine as well. 
Comment by dangood on Oct 07, 2018 2:04pm
Shareholders only have a right to "fair value" which is 84.5 cents in this case Once the tender period is over they can let your shares flounder as your position is obviously illiquid. Ithaca Energy went through this a year or two ago where they took up less than the 90%. They shares tanked before they came up with another extension. This should happen to these shares too. They cannot do ...more  
Comment by Bookends on Oct 08, 2018 1:06pm
I doubt it will drop any lower than 84c... The 84.5c value is pretty much sure here... The timing is another story... If it dropped to even 83c, that would be a great gift... I'm one of those who sold to the big Credit Suisse buyer on Friday, so that would be nice.  I guess we will find out tomorrow what the market does.  
Comment by dangood on Oct 10, 2018 9:57am
Yeah not much of a play unless it drops.
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