Bridge Resources Corp V.BUK

Missing the big picture

[losvegas]

Everyone seems to be missing the big picture.
The backout has turned BUK into a longer-term play rather than a supernova that would explode with cash flow, but quickly burn out. If they had received all of that cash this year, chances were good that they would be careless and waste a lot of it. Now that they have to be more prudent, we should get more value for our money.
As well, deferring production down the road will most likely have us receiving payback for the backout in a much higher-priced environment.
Of course the greedy "gimme it now" crowd is disappointed , but real investors are buying at these levels.

[Mrigs]

"Of course the greedy "gimme it now" crowd is disappointed , but real investors are buying at these levels."Why is it two days ago you were snapping and trashing this stock and now your a buyer? I feel really good about this stock knowing we are at bottom, making money, expanding, and exploring. Regardless of the back out deal, I still believe this play is great. Right now