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Bullboard - Stock Discussion Forum Bridge Resources Corp V.BUK

TSXV:BUK - Post Discussion

Bridge Resources Corp > North Piper well spud..
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Post by Bigbadoil on Jul 31, 2008 6:38pm

North Piper well spud..

FYI the North Piper well spudded on Tuesday.

(thx snafur who posted on "that other board" that we are not allowed to mention by the fascists here..).

Bigbadun'
Comment by barolo19 on Jul 31, 2008 7:07pm
Hello BBO!!  GLAD TO SEE you here!!  Long time holder?? and are you just fishing here or Heavily positioned??IAE took a shi  t kicking today!!!
Comment by Bigbadoil on Jul 31, 2008 7:29pm
I got in after they landed the horizontal at Durango. I have followed it since last year but only jumped in when the production well was set. I may have paid a few more cents but I saw lower risk going forward.its still a buy in my mind. The North Piper OIl prospect looks robust with 3 stacked zones, and the risk/reward here is excellent with limited downside with Durango ...more  
Comment by parents on Jul 31, 2008 8:18pm
Bigbadoil,I took a relatively small position a few months ago and doubled on it last week. You are correct with the Durango well. The risk factor goes down knowing that we will be getting production ($$$) within 3 months time. Obviously, if the North Piper well is unsuccessful, then I expect the share to increase considerably along with income from Durango in the 4th quarter. However, if ...more