Iron Brdg Res Inc. OEXFF

RE:IKkuma just got 188% premium for less

[ditchdigger251]

You're not just whistling Dixie DoubleGG.  IKM is a junior with a lot of hair on it in terms of liabilities from just doing a quikie read (debt, abandoment liabilites, drilling commitment, etc, etc,).  They're currently cashflow negative and not expected to be positive, if I'm reading it right, until the year 2022.  IKM only has 109 million shares outstanding so by no means is this in absolute terms a big deal but it sure was a handsome return.  Does this (and the other recent deals) signal a significant thaw of willing investment capital to the Canadian oil patch?  Interesting times....