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Bullboard - Stock Discussion Forum Iron Brdg Res Inc. OEXFF

"Iron Bridge Resources Inc is a Canada-based company. It is a crude oil and natural gas exploration, development and production company. Its project consists of Elmworth. The company receives maximum revenue from the sale of petroleum and natural gas."

OTCPK:OEXFF - Post Discussion

Iron Brdg Res Inc. > Wedged between Hammerhead & Velvet
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Post by radcat on May 29, 2018 10:47am

Wedged between Hammerhead & Velvet

From IBR's most recent Presentation April, 2018. Proof that our land package is superior, not inferior. Our land is problematic? Sounds like a nice problem to have. What is Velvet talking about? If Hammerhead and Velvet have 4 of the top 20 wells in Alberta for February, IBR will also likely have top wells too. Wonder if Hammerhead is going to submit a bid for IBR. 75 cents sounds very cheap for 3.2 billion barrels and 2.7 TCF in place. 

Comment by SigmaKappa on May 29, 2018 12:05pm
Likewise to Velvet, ibr would be a cheap accreitive acq for hammerhead plus it gets them to be a public company for an exit strategy.