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Bullboard - Stock Discussion Forum Bridge Resources Corp V.BUK

TSXV:BUK - Post Discussion

Bridge Resources Corp > Concern...
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Post by GambitX on Aug 13, 2008 1:11pm

Concern...

I'm a novice when it comes to drilling, but like ENG and UNX found, shouldn't there be some indication by now? Hydrocarbons? A little gas? Some drops of oil?

I'm very gunshy after the UNX fiasco.
Comment by Sparkletooth on Aug 13, 2008 2:34pm
The entire market is sceptical of high impact drill plays right now.  If this was August 1980, BUK would be trading well north of $10, but at the moment, with an non-promotional management here, the spec premium has shrunk to zero.  Busts like ENG and UNX don't help.  Check out CHQ today.  They announced a second very impressive natural gas discovery off ...more