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Bullboard - Stock Discussion Forum Bridge Resources Corp V.BUK

Bullboard (TSXV:BUK)

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Post by goldmind1on Dec 06, 2010 3:39pm

we may hear good news

we may hear good news in the next few days.
Comment by Sparkletoothon Dec 06, 2010 3:09pm

RE: bankruptcy = buk

Well, I sincerely doubt they are bankrupt, but that was a very spooky news release...Anyway, if they really are bankrupt, then that means I was right all along, this really is the ...more  
Comment by Sparkletoothon Dec 06, 2010 1:51pm

RE: omg

Didn't everyone already know they would have trouble raising sufficient funds from the sale of North Sea assets to pay off their debt?Isn't management always supposed to look at all ...more  
Post by battleforeston Dec 06, 2010 1:30pm

omg

could this group be any more incompetant !Piper = strike 1durango = strike 2Us activity = strike 3.............u r out Mr. davies et al.
Post by Toasted2on Dec 06, 2010 12:58pm

If these guys were smart...

they would done another financing before all of this crap came about...Now Ed Davies has backed himself into a corner with limited options and a bunch of debt...For his sake he had better be able to ...more  
Comment by CalifDreamingon Dec 06, 2010 11:56am

RE: RE: RE: RE: Time to Buy? Hardly.

Damn, after today's news, people might think I'm prescient....<><>
Post by donna19on Dec 06, 2010 9:55am

Management Misfits.

And we're stuck with them, they can't sell their assets for what they owe. They should all be fired, the sooner the better.
Comment by CalifDreamingon Dec 05, 2010 2:00pm

RE: RE: RE: Time to Buy? Hardly.

Conservative?  Best Case (ie 10% confidence level) for resources, is only 34 Bcf.From the MD&A:"An independent qualified resource evaluator, AJM Petroleum Consultants, provided the ...more  
Comment by Bigbadoilon Dec 03, 2010 4:38pm

RE: RE: Time to Buy? Hardly.

The Reserve engineers are hardly going to give any value for gas wells that are not producing anyway so that $7 million number is a bit of a misnomer. BUK have to get the 5 Hamilton gas wells on in ...more  
Comment by CalifDreamingon Dec 03, 2010 2:37pm

RE: Time to Buy? Hardly.

Buying this play? At these prices? Hmmm.Look at the pathetic 2P NPV10 after tax numbers for Idaho that they buried in the financials. A pathetic $7MM!  BUK needed every molecule of " ...more  
Comment by TheJesuson Dec 03, 2010 10:43am

RE: Re Time to Buy

Why did pxm release an operations update while Buk released an INTERIM update?If you think the news coming of asset sales is going to suck get out,if you think it's good you know what to do.
Post by dgausvikon Dec 03, 2010 10:12am

Re Time to Buy

Even if we botttomed , how long is this going to take to start going up?
Post by rrcool53on Dec 03, 2010 6:37am

Time to Buy?

Thinking of doubling down today. Still have quite a few shares that I paid $1+ for in 2008. Did OK on a few flips earlier this year (in @ .21 out at .40) but those 2008 shares still PMO. What do you ...more  
Post by dbeaudeon Nov 28, 2010 12:35pm

I must admit I was surprised

with the amount of sellers during the meltdown. I kept waiting for support to kick in and even at the end of the day Friday folks were selling their shares for 26.5 cents. These folks must have ...more  
Comment by dbeaudeon Nov 28, 2010 12:21pm

RE: Nov 19

You were sure right about one thing...the news moved the stock!If they get great news about the asset sales in the UK the stock will come back up at least 25%. If they under perform on this as well ...more  
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