Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Bridge Resources Corp V.BUK

TSXV:BUK - Post Discussion

Bridge Resources Corp > Very risky the way I see it
View:
Post by goingtoberich9 on Aug 17, 2011 1:29pm

Very risky the way I see it

Even if they get the permit there's no guarantee that will help with their inability to make debt payments.
Will be watching though.
GTBR9
Comment by bobsmith1 on Aug 17, 2011 1:37pm
They certainly have the cashflow potential to service any debt load. If they get a compressor station then that allows them to ship with much higher margins. Add to that, that this is a domestic play and Obama wants domestic energy rather than foreign, I think they may be ok all the way around. Small risk in my opinion.
Comment by cfhasib on Aug 17, 2011 1:48pm
Holy moly smokes! up 100%Its a low risk after the meeting tomorrow about compression permit, until then its anyone's guess. However, from all the domestic hypes, economy meltdown etc, and the imposing of addtional conditions back in July 14th meeting, I think Bridge can pull out a green light tomorrow, and if thats done, as all(in)idaho mentioned, this stock can easily hit higher teens. In my ...more  
Comment by OPTSALES on Aug 17, 2011 3:01pm
Exactly! looking at the financials...... =  huge debt! Be wary to touch this one. GL
Comment by All(in)Idaho on Aug 17, 2011 3:02pm
This post has been removed in accordance with Community Policy
Comment by bobsmith1 on Aug 17, 2011 3:07pm
OPTSALES, apparently theres a few that don't agree with you. # Orders Shares Bid Ask Shares # Orders 8 340000 0.055 0.060 117000 3 17 1002000 0.050 0.065 161000  ...more  
Comment by coty1940 on Aug 17, 2011 3:22pm
doesn't matter what the price was a year ago......it's what it is worth today that matters.
Comment by All(in)Idaho on Aug 17, 2011 3:48pm
This post has been removed in accordance with Community Policy
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities