Bridge Resources Corp V.BUK

BUK perseveres

[banjo2]

If you look at the 20 year chart for this company it 's been established for many years. We've been as high as 2.50 at one point (2005). Right now it is the cheapest you'll likely ever get it. With proven reserves and the fact that BUK will supply the U.S. with both jobs and energy I'm surprised more people aren't taking advantage of this very cheap buying opportunity.

[cottager97]

Look at any chart and you will see a similar pattern..In this market environment past performance should be totally dismissed,5 or 6 years ago a play like this would rise purely on speculation but investors are scared and seek safety ie.( look at the rise in Gold and Silver) and want to be paid ie. yield/dividends.This is a lottery ticket ,I have taken a position and instituted a

[banjo2]

I agree they must get their house in order asap. Hopefully we'll hear some good news next week regarding financing. Thanks for your comments.  

[Clemmie70]

exactly, and that's why this is a lottery play. Lots of other beat down companies out there without the big question marks that BUK has. It's a coin toss right now. We all think that there is too much at stake here to not get the financing, but you just never know. Caveat Emptor!