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Bridge Resources Corp V.BUK



TSXV:BUK - Post by User

Comment by nanaimo16on Aug 19, 2011 1:13pm
231 Views
Post# 18961089

RE: RE: Volume

RE: RE: Volumeor they can do a financing right now at 5c with warrants and options. makes sense for the outfit, especially Paramax. Again BUK has stated it has over $8million set aside to bring this play into production, however Paramax will end up shuffling down the street for $Loot.  Paramax end is big  and may be expensive, however the play is potentially huge. So the paper is key here. Running the share price up for paper counters dilution however better for the outfit do pull it off down here in Hells Basement.  I think we will see a fairly complicated financing arrangement pivoting around Bridge $8million brought to the table. Both outfits could be rolled back to boot, who knows, they are in total control of this kinda stuff. chhers, N
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