Bridge Resources Corp V.BUK

100,000 into the Ask ????

[mikerosoft666]

Anyone know who would be buying those ?  They don't show up on the bid side,  then bang,  they scroll on level 2 and the Ask Order size still didn't change...

I'm using GlobeInvestor Level II (Tracker) which doesn't show me houses or anything else other than retail orders I guess.

Just curious why so frantic to buy ?  Obviously the value must be there going forward.  P&A not the end of the world is it ?  Or were too many people putting all their eggs into North Piper ?

[wireline1]

In seven weeks we should be producing 30 to 40 million cubic feet of gas a day/  Calculate the revenue of that!  And see why people where buying hard wait till financials come out with this reveneu.Cheer

[mikerosoft666]

That's what I thought the analyst said on BNN when he made it his top pick.The revenue from gas had not been built into the share price adn that it was trading on speculation of North Piper.  If NP had hit,  then it would have bounced but would have bounced even higher when the revenues come home.And apparently we are selling our gas higher than the futures price because we sell it