BRM 0.00% $2.53 brockman resources limited

any thing we dont know yet, page-3

  1. 5,132 Posts.
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    We are in now gaga land with the constant selling of BRM - I reckon we'll be going lower too - well under sub 90 cents would n ot surprise - why not, the market has given up on rationality with BRM, so anything is possible.

    At times I've been down on WR, but seriously, what more can the guy do at this stage?

    Today's ann. confirmed what many of us have thought - Duck creek is another potential monster resource, with a big potential DSO element. Today's target resource was merely the opening gambit - BRM has a history of over-delievering on JORC's - We will probaby go well north of 100mt+++ DSO if the Marillana experience is anything to go by.

    The selling is now being driven I suspect by the growing concern that BRM may be bringing a resource to market just on the wrong side of the cycle. Without rail and an MOU signed BRM is still like bait floating without a hook. WR clearly is not going to be rushed by market considerations. So anyone following BRM will know that the company will have to make a couple of records with deals. If they can't BRM will be an also-ran. If they can BRM is likely to grow a market cap well in excess of $2 billion ++

    As an investor you not only choose your poison with BRM, you have to drink it too. I reckon they can. They have a solid professsional approach, even if they might be a bit light on the market side. We're better off with techos of substance that spin doctors with fuff - go to FMS and a few others I could name for that vintage.
 
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