Iron Brdg Res Inc. OEXFF

Cash Payout

[goinonaprayer]

Today received cash for tendered shares in my RBC but not my TD Account

[foothillsdd]

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.  Calgary has its share of equalizers.   Well, at least made a little cash on the old RMP.

[ditchdigger251]

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 the risks would have been more acceptable to continue.  I do think technically there were some things that could have been done a bit differently to have helped risk reduction too.  It's