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Bridge Resources Corp V.BUK



TSXV:BUK - Post by User

Comment by nightowl21on Jun 11, 2008 9:59pm
377 Views
Post# 15175262

RE: Financing Coming

RE: Financing ComingYou may be right but the other side  is:

1. Warrants will bring in 50 million as they get exercised over next year or so.

2. Cash flow of $500,000 day equals ..$150 million a year.

3. Credit lines could now easily go up to $80-100 million.

I think BUK management has more business sense than to dilute this by another 100 million shares.

JMHO.
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