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Bri-Chem Corp T.BRY

Alternate Symbol(s):  BRYFF

Bri-Chem Corp. is a Canada-based independent wholesale supplier of drilling fluids and chemicals for the oil and gas industry operating from owned or leased warehouses located throughout Canada and the United States. It is engaged in the distribution and blending of oilfield drilling, completion, stimulation, and production of chemical fluids. The Company’s segments include Fluids Distribution Canada, Fluids Distribution USA, Fluids Blending & Packaging Canada, Fluids Blending & Packaging USA, and Other. Its business activity is to provide 24/7 coverage of oilfield chemicals in a variety of weights and clays, loss circulation materials and oil mud products to mud engineering companies who sell directly to drilling firms engaged by the oil and gas companies. Its subsidiaries include Bri-Chem Supply Ltd., Sodium Solutions Inc., Solution Blend Service Ltd., and Bri-Corp USA, Inc. Sodium Solutions Inc. is a fully integrated chemical supplier, toll blender, and packager.


TSX:BRY - Post by User

Bullboard Posts
Comment by bigreturn11on Nov 09, 2017 10:46am
76 Views
Post# 26932768

RE:RE:BRY metrics tell the story

RE:RE:BRY metrics tell the storyI would love to see a sale. If they sold it would have to be in the $2.30/share range which values the actual business at only about $8M plus assets. 

I would be satisfied with anything over $1.60 based on the current potential upside. 
Bullboard Posts