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Bridge Resources Corp V.BUK



TSXV:BUK - Post by User

Comment by mikerosoft666on Feb 25, 2009 10:20am
270 Views
Post# 15801893

RE: Expectations have been lowered??

RE: Expectations have been lowered??
But seriously,   even with the backout the price can't really be sub-.30¢ can it ?

We have been calculating .85¢ cash flow  ( and note that gas prices are better than the model we have been using ) even if you back out 1/3 of that...  we are still over .50¢ are we not ?

Afraid I must be missing something incredibly obvious.  Or is the market just hanging around waiting for the final calculation before they bring this up to NAV...


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