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Bridge Resources Corp V.BUK



TSXV:BUK - Post by User

Comment by madmagooon Feb 08, 2011 7:29pm
711 Views
Post# 18097982

RE: Breaking Out Soon? - Not A Chance!

RE: Breaking Out Soon? - Not A Chance!

It is clear to me that the sale mention in december has fallen through or does not come close to 40 million or so they owe with   $4 million is due march 31, 2011.  I can not believe that management spent millions developing a small north sea gas deposit that they did not produce from for to long.  And didnt know about limits on their daily production, black out payments.  i think this one is dead or suffer a major dilution of share to pay off their their debt.  I still own share but have writtent them off.   Wonder who anonymous is lots  selling pressure from whom ever.

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