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Bullboard - Stock Discussion Forum Bridge Resources Corp V.BUK

TSXV:BUK - Post Discussion

Bridge Resources Corp > Number of Shares
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Post by shzant on Jun 14, 2011 2:28pm

Number of Shares

With the number of shares at 160 million and the price at 6 cents a  20 - 1  consolidation  could be in the cards. Even a 10 -1 would get the share price up to 0.60 and maybe attract some attention. Their partner PXM has 128 million shares and a consolidation with their stock would help also. JMHO ,,, Cheers
Comment by All(in)Idaho on Jun 14, 2011 5:56pm
This post has been removed in accordance with Community Policy
Comment by madmagoo on Jun 14, 2011 8:05pm
share consolidation id the kiss of death.  shareholders always get shatfed in a share consolidation.  Bridge has 8 million is cash so that is not the problem, and the partner has 500,000 months ago development will cost millions and no gas til Q4 if that.  no promotion or analyst folllowing this play but would help alot.add it all up and you get 6 cents today and 5 cents next week ...more  
Comment by madmagoo on Jun 14, 2011 8:05pm
share consolidation id the kiss of death.  shareholders always get shatfed in a share consolidation.  Bridge has 8 million is cash so that is not the problem, and the partner has 500,000 months ago development will cost millions and no gas til Q4 if that.  no promotion or analyst folllowing this play but would help alot.add it all up and you get 6 cents today and 5 cents next week ...more  
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