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Bullboard - Stock Discussion Forum Bridge Resources Corp V.BUK

Bullboard (TSXV:BUK)

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Comment by cfhasibon Oct 13, 2011 9:31am

RE: RE: RE: Q3 MD&A out = effectively bankrupt.

Today there will be public hearing in the planning and zonning comitte of Payette county, I think the decision of the CUP Meterstation permit's Appeal will be delivered, not sure though, the ...more  
Comment by Bob_Branton Oct 13, 2011 9:04am

RE: RE: Q3 MD&A out = effectively bankrupt.

It is in Sedar now...Oct 7 MD&AStill I hold out hope...why settle debts with Paramax if you are going under anyway.It's up to the lending syndicate.IF they recapitalize we may get a small ...more  
Comment by sjaploon Oct 07, 2011 5:02pm

RE: Q3 MD&A out = effectively bankrupt.

Well I could ask you to post the link or perhaps copy and paste, but I think you are telling fibbers as I see nothing on Sedar.
Post by CalifDreamingon Oct 07, 2011 2:33pm

Q3 MD&A out = effectively bankrupt.

Simply horrific.  Negative working capital of $63MM.  BUK is all but BK - only a slim hope remains.Lending syndicate to inform BUK if they'll give em another shekel this month.   ...more  
Comment by Gasman16on Oct 07, 2011 11:42am

RE: RE: RE: RE: RE: bankrupt?

Not enough volume to support anything other than a few gamblers out there willing to throw petty cash at the casino.To BUK Management:  A press release identifying what the heck is going on would ...more  
Comment by Gasman16on Oct 06, 2011 11:10am

RE: RE: RE: bankrupt?

What is the hold up with Durango at this point?  Is there a problem with the well or something?
Comment by cfhasibon Oct 06, 2011 9:36am

RE: RE: bankrupt?

As per Trio Corporation, banks have indicated that they will provide support if Bridge is able to get the final permit mid October from Payette county. as for Durango, last time former CEO Ed Davies ...more  
Comment by Gasman16on Oct 06, 2011 9:16am

RE: bankrupt?

BUK's website still says Durango is expected to be prodcuing again later this  year - that should provide revenue while Idaho gets set up.  Anyone heard updates on whether Durango ...more  
Post by madmagooon Oct 05, 2011 8:08pm

bankrupt?

FIRST HINT the last new release was vague for a reason .  management left because they knew Idaho will drag their feet until they make up the rules as they go minimum 1 year.  no gas, no ...more  
Comment by CalifDreamingon Oct 04, 2011 8:35pm

RE: how low..

BUK can, and likely will, go to 0..Their "assets" are over-encumbered by debt they have no ability to repay.  They'll never raise cash in this market with natty looking like it will ...more  
Post by cfhasibon Oct 04, 2011 3:23pm

how low..

How log this sucker can go? Don't think they will go bankrupt as they have good assets, but the progress is at snail's pace and now even more delayed due to the appeal and other factors. DUH !
Comment by TheJesuson Sep 29, 2011 11:49pm

RE: RE: RE: RE: RE: Management Change

I have heard many allegations of Perenco environmental infractions and also that they are protected by the government. These are only allegations and only if they were to be proven true would I report ...more  
Comment by TheJesuson Sep 29, 2011 11:38pm

RE: RE: RE: RE: Management Change

How about a lawsuit against Perenco? They managed to fuckbuk out of 20 BILLION cubic feet of gas for 9 million dollars by not pumping it in the first place. Now that they own it they still won't ...more  
Comment by Bob_Branton Sep 29, 2011 11:59am

RE: RE: RE: Management Change

Jsut speculating...if they spun off the UK properties and debt, a bank may be more inclined to fund the Utah work.since it would then be a clean slate...I'm not a finance person so this may not ...more  
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