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Bullboard - Stock Discussion Forum Iron Brdg Res Inc. OEXFF

Energy Oil & Gas E&P
"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."

Bullboard (OTCPK:OEXFF)

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Comment by dangoodon Oct 10, 2018 9:57am

RE:RE:RE:RE:Who all are still holding?

Yeah not much of a play unless it drops.
131
Discussion
Comment by Bookendson Oct 08, 2018 1:06pm

RE:RE:RE:Who all are still holding?

I doubt it will drop any lower than 84c... The 84.5c value is pretty much sure here... The timing is another story... If it dropped to even 83c, that would be a great gift... I'm one of those ...more  
180
Discussion
Comment by dangoodon Oct 07, 2018 2:04pm

RE:RE:Who all are still holding?

Shareholders only have a right to "fair value" which is 84.5 cents in this case Once the tender period is over they can let your shares flounder as your position is obviously illiquid ...more  
197
Discussion
Comment by Strega07on Oct 07, 2018 12:40am

RE:Who all are still holding?

I've still got mine as well. 
120
Discussion
Post by Ibribron Oct 06, 2018 10:46am

Who all are still holding?

Anyone on here still holding? I did not tender my shares, waiting to see how it all plays out. Spoke to kingsdale, they had no idea what will be discussed at the meeting on nov 6. Large lot purchase ...more  
267
Discussion
Comment by ditchdigger251on Oct 01, 2018 11:16am

RE:RE:Cash Payout

It all came down to debt vs. cashflow as far as I can tell from those I've talked to.  If cdn nat gas prices were higher and not in the toilet as it's been since late last year I think ...more  
212
Discussion
Comment by foothillsddon Sep 29, 2018 3:13pm

RE:Cash Payout

What a joke.  Excellent property squandered.  Long term shareholders got hung out to dry.  Directors and management should be looking over their shoulders when walking down the street.& ...more  
234
Discussion
Post by goinonaprayeron Sep 28, 2018 10:38am

Cash Payout

Today received cash for tendered shares in my RBC but not my TD Account
228
Discussion
Comment by dangoodon Sep 27, 2018 2:15am

RE:RE:RE:RE:RE:What will happen to my shares now?

They need 90% to do a compulsory buyout of your shares.
164
Discussion
Comment by dangoodon Sep 27, 2018 2:13am

RE:RE:RE:What will happen to my shares now?

No one in their right mind would buy the shares at 85 cents so the only cost is brokerage fees which you can obviously avoid if you tender.
124
Discussion
Comment by ditchdigger251on Sep 26, 2018 1:54pm

RE:RE:RE:RE:What will happen to my shares now?

I talked with a Kingsdale advisor not long ago.  She told me that payment to IBR shareholders by Velvet will occur about 3 days after takeup up of tendered shares.  No specific takeup date ...more  
177
Discussion
Comment by CageyOilon Sep 25, 2018 2:54pm

RE:RE:RE:What will happen to my shares now?

If you can make a sale at 0.85, go for it. Otherwise don't forget to mark the new tender date on your calendar if no one bites.
138
Discussion
Comment by aidankjon Sep 25, 2018 12:20pm

RE:RE:What will happen to my shares now?

Thanks Dandoo! Right now, the shares are sold at 0.85 which is slightly higher than tender price. If I will tender anyways, isn't it better to sell it now in market not tender it so little more ...more  
166
Discussion
Comment by dangoodon Sep 25, 2018 11:20am

RE:What will happen to my shares now?

Depends. They have less than 90% of the shares so they do not have the support for a compulsory buyout of your shares. If they get the additional 9% they need in 10 days your shares will disappear. If ...more  
181
Discussion
Comment by aidankjon Sep 25, 2018 11:15am

RE:What will happen to my shares now?

Kingsdale responded as below You will be able to tender for more than the amended offer. In order to avoid a second stage shareholder meeting, if they are able to get to 90% tendered, then they will ...more  
160
Discussion
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