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Bullboard - Stock Discussion Forum Brixton Energy Corp PMBJF

"Brixton Energy Corp is engaged in the acquisition, exploration and development of petroleum properties."

GREY:PMBJF - Post Discussion

Brixton Energy Corp > Promotion ?
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Post by spookynook on May 04, 2012 6:11pm

Promotion ?

Can some one please educate me on how a promotion company works ? Does this mean this stock is going back to .005 a cent Monday morning ? Why would anybody give .03 for a stock in a company burden down with broken dreams ? I was sure I was the only loser out there !!! Please Please don't tell me I have company !!
Comment by rborhi on May 04, 2012 10:49pm
What I hope is happening is that some bigger company is buying BRX out.  They have some decent properties with potential, such as the Montney and in the Viking, but no funds to do any work on them.  If these properties are close to a major for example they might just want to take them over.  The debt BRX has would be nothing to a major, but I have no idea what a buyout price would ...more  
Comment by spookynook on May 05, 2012 7:35pm
I sure hope your right about takeover. I too am glad at least to see a little life, even though I think it's artificial. I do understand there is a promotional company involved whatever that means. If some one could shed some light on that I would appreciate it very much. 
Comment by rborhi on May 07, 2012 12:55am
The overall market for juniors is so tough right now, that I'm thinking this volume/rise must mean something.   People aren't willing to invest in speculation anymore, especially with a company like this.  Lots of much better companies are down in volume and price right now. Even if we are only talking 30k to 50k in $$$ value, who throws around money like that for nothing?
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