Iron Brdg Res Inc. OEXFF

New well licences...

[Buckbid]

- from investors village board, IBR has 6 new drilling licences. 

- questions for those in the biz... trying to read between the lines or draw conclusions based on that many licenses. Especially given the prior presentations and plans which did not have that level of activity. 
do licenses expire? Is there a penalty associated with not using or drilling within a specified time period?

-got my call from kingsdale today. Do they honestly think that a message of “immediate liquidity” has much substance? 

-patience will prove to be helpful here in my view.

[ditchdigger251]

AER licenses are good for 1 year from date of issue.  There is no penalty for not drilling well licenses other than the cost & work to re-license (which means updating the survey, H2S search, landowner title search and notifications). BTW given the big success of the last two IBR HZ's I fully expect that these next 6 wells will get drilled between now and the end of Q1-19. 

[Casperwy17]

This post has been removed in accordance with Community Policy

[ditchdigger251]

Now now Casper.  You're not a very friendly ghost, are ya?  My share price estimates are based on detailed technical and pricing information I've given in previous posts.  I should have said take my estimates with a grain of salt.  But what I've laid out for value upside is not without precedent.- Advantage Oil & Gas built their stock up to $7.50/sh (roughly $1

[Casperwy17]

This post has been removed in accordance with Community Policy