Bridge Resources Corp V.BUK

"Other financing alternatives"

[telephonebooth]

There is your answer.   Stock price already had the likely discovery built in.  The confirming news unfortunately included this "other financing alternatives"  news along with it.  Possible dilution coming.  I see the share price dropping a bit from here.  Sell on the news (the good expected discovery news)  And really sell on the sniff of the unexpected possible dilution news.  T-booth.

[Toasted2]

Another financing? Why do investors think we need more money? $38 million was raised with the issue...Excercize of the warrants will provide another $40 million...We are going to have cashflow coming out of our butts in less than 4 months....and at this point if something stellar came up and we needed more money I'm sure we could debt finance throught the Royal Bank of Scotland after

[nightowl21]

looks to me like holders of 85 cent PP will sell their shares keep the warrants...then use these $$ to buy in to another PP probably around $1.40. It is a cheap way for insidersto load up on warrants. The market is being set up for the next financing. JMHO.It used to be that the stock would be moved up and financing down at higher levels and everyonewould benefit..it appears those days are gone. .

[telephonebooth]

Ask BUK,  they are the ones that released this tidbit with there discovery news.  T-booth.