Iron Brdg Res Inc. OEXFF

RE:RE:RE:disappointed

[ditchdigger251]

The old saying "Cashflow is King" is exactly what IBR needs to show the analysts.  They've sold off producing assets to focus on Gold Creek/Elmworth Montney.  The results of the ultra long lateral 76 stage horizontals is the critical piece of the development potential puzzle and in my opinion is what analysts are waiting for.  Meeting or exceeding past type curve economics opens the door to long term large scale drilling programs which is where value ultimately will be calculated from and show that IBR's divestitures were worth it.  So assuming the 00/8-21 and 02/8-21 wells are tied in this week they may want enough production history to report IP30 numbers which would give numbers useful for comparisons (include in Q1 report?).  This has to be done right and that takes time and patience.  The good news is that oil continues to strengthen and by the end of April North American gas storage should fall below the 5 year average (which should turn things bullish going into next Fall).  Heck even Bitcoin's flattening above $8000 Cdn so assuming IBR's serious about powering crypto-currency mining that could start adding nicely to netbacks.  The sp is disappointing given that cashflow stand to double or more soon with the turn of a couple valves.  Good detailed well results will make more IBR believers and push the price higher.  Then the door opens to all sorts of mayhem and speculation...