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-   -   Watch: IBR – Oil and Gas company goes Cryptocurrency Mining (http://www.stockrants.com/forum/canadian-stock-picks/13052-ibr-oil-gas-company-goes-cryptocurrency-mining.html)

antsrants 01-23-2018 09:37 AM

IBR – Oil and Gas company goes Cryptocurrency Mining
 
Iron Bridge Resources Inc. – TSX Exchange – T.IBR

Cryptocurrency Mining Operation Launched by Oil and Gas Producer Iron Bridge Resources
January 22, 2018

antsrants 01-25-2018 03:17 AM

From the News Release December 20, 2017

Share Re-Purchase Program Update
In November, the Company began to re-purchase shares of its common stock under the normal course issuer bid “(NCIB”). To-date, approximately 880,000 shares have been purchased in the open market pursuant to the NCIB for approximately $585,000 in aggregate (average re-purchase price of $0.66/share). All shares that have been re-purchased will be cancelled and eliminated from the existing outstanding share count.
The number of future share re-purchases under the NCIB, the timing of purchases, and the price at which the Common Shares will be purchased, will be determined by the Company in its discretion and will depend on future market conditions.

antsrants 01-26-2018 10:25 AM

Recent insider buys are also encouraging.
Jan 25/18 Jan 25/18 Young, Josh Indirect Ownership Common Shares 10 - Acquisition in the public market 80,000 $0.656 Jan 25/18 Jan 25/18 Young, Josh Indirect Ownership Common Shares 10 - Acquisition in the public market 557,000 $0.665 Jan 25/18 Jan 23/18 Young, Josh Indirect Ownership Common Shares 10 - Acquisition in the public market 430,500 $0.682

antsrants 01-29-2018 01:56 PM

IBR is mentioned in the following article:

'Energy hunters': Bitcoin miners search for cheap, innovative energy sources
January 28, 2018

antsrants 02-07-2018 03:10 PM

#1 Stock with the most net insider buying over the past 7 days:

TSX Stocks with Net Buying
1. Iron Bridge Resources (T:IBR)

Net Insider Buy Vol.(000's)
1,689,500

Latest Quote
$0.56

antsrants 03-17-2018 04:15 PM

Canada-based Energy Company Catches the Bitcoin Bug; Set to Start Bitcoin Mining
March 10, 2018 14:30

"Unlike other firms that entirely abandoned their niche and joined the blockchain bandwagon, Iron Bridge is not leaving the gas industry. Instead, they will use its yet to be created subsidiary, Iron Bridge Technology, to carry out its bitcoin mining operations.

GMP FirstEnergy vice-chairman and co-head of energy sales and trading Ted Boehm opined that the company’s move is a smart one because even if mining one bitcoin requires 215-kilowatt hours of electricity, Iron Bridge will still earn approximately $49 per Mcf for its gas."

antsrants 03-18-2018 05:38 AM

Canada-based Energy Company Catches the Bitcoin Bug; Set to Start Bitcoin Mining
March 10, 2018 14:30

"The author thinks some of the people criticizing the move might not understand what cryptocurrency mining entails.

If Colcleugh and his company can match their abundant energy resources with standard mining equipment, they will surely hit the moon within a relatively short period.

In a similar move, the Japanese conglomerate GMO, which only started mining cryptocurrencies in December 2017, has generated a whopping $3 million."

antsrants 03-21-2018 02:29 AM

Iron Bridge Resources Reports Year-End Reserves and Fourth Quarter 2017 Financial Results and Provides Operations Update
March 20, 2018 18:28 ET

antsrants 05-01-2018 06:05 AM

Two well results are expected this month which could move the stock price higher again. Some news concerning the cryptocurrency mining / hosting activities would also be nice.

antsrants 05-17-2018 12:43 PM

This rock is some of the best in the basin.

Iron Bridge Resources Announces Initial, Enhanced Gold Creek Well Production Rates
CALGARY, Alberta, May 17, 2018 (GLOBE NEWSWIRE)


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