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Bridge Resources Corp V.BUK



TSXV:BUK - Post by User

Comment by nanaimo16on Feb 13, 2012 4:14pm
294 Views
Post# 19527592

Bridge/Paramax potential deal

Bridge/Paramax potential deal

Bridge is attempting to cover some $60million in debt from its 50% interest of Willow Hamilton. The farm in to its leasehold acreage is outside of this deal (I presume). What the lenders may be impressed with is bridge capability to enter into these strategic deals and be able to cough up some $$$loot. At least the bid came up to 700,000 at 1c this a.m. No dumping right now. I believe the AGM was held Feb 10th/12  and Paramax is being held Feb 15/12. One would expect to see News within a few weeks. If Idaho can export the LNG to Asia at $11.00-$18.00 then it would be quite an asset to that State. Presently NG is under $2.50. I switched my Bridge holdings to Paramax which I see has traded a few thousand shares today at
.035. Lets hope the NRs are supercharged with a good result. This whole scenerio has not been accomplished so far without tremendous effort and expense. cheers to prosperity and success,  luck N

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