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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 rationalexuberanceon Apr 21, 2020 8:25am
109 Views
Post# 30933120

RE:More Insider Buying

RE:More Insider BuyingIt's always entertaining to read the posts here saying it's undervalued and the insider buyiing indicates something. 

The balance sheet is the balance sheet and this puppy is going down.  It will be on a day you least expect, not in the middle of this miller-time virus where everything is temporarily protected.

I remember listening in on a conference call a couple of years ago and asking them about their plans to pay down the debt.  They  were like huh, why are you asking a stupid question like that.
Well I guess it's my turn to say huh.
Bullboard Posts