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Bullboard - Stock Discussion Forum Bridge Resources Corp V.BUK

TSXV:BUK - Post Discussion

Bridge Resources Corp > Time Frame
View:
Post by redeagle on Jul 23, 2008 7:37pm

Time Frame


Do you know how long to drill 7 700 ft  at North Piper ? 

«The proposed spud date is on or around Aug. 1, 2008. »

Redeagle
Comment by Tinmann on Jul 23, 2008 8:09pm
Should take 3-4 weeks... A hit would make BUK the oil story of the year... downside is a company with strong cash flow when Durango comes onstream at 6,000 boepd in October. Risk-reward at current levels is unreal.Look at the spec runs on ENG, OYL, WZR, etc... none of those stories have ANY backstop. BUK will have somewhere from $0.75-$1.00 per share or cash flow come October.BUK should be $1.50 ...more  
Comment by TO1 on Jul 24, 2008 12:37am
"Do you know how long to drill 7 700 ft  at North Piper ?"Drilling - 20 days.
Bridge Resources Corp
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