Bridge Resources Corp V.BUK

I'm a believer

[dgausvik]

       I have not  sold a share through this mess. I think there is only one way to go ,and thats up. Gaza ,Ukraine , you know things like this are going to keep happening. I would'nt be surprised to see a small spike in NG prices on Monday.    Long on BUK.

[mikerosoft666]

You are referring to NG prices in EU ?  I would have thought that Friday we would have seen a 20% jump in BUK... premium for good Balance Sheet,  and guaranteed cash flow through 2009.  We lost ground.  What the hell is wrong with that picture.Nonetheless,  still holding strong...  didn't tax loss sell anything.Fundamentals are fine.  Maybe a takeout ? 

[Sparkletooth]

Hi Mike - I've traded in and out of this one - sold some at 80 cents, bought them back at at 31 sold a few at 44 and so on - still have more than half my original position, but need 80 cents just to break even overall.It's far too early to think in terms of buyout.  BUK is in the company building stage, and will certainly not want to lever up production with debt