BRM 0.00% $2.53 brockman resources limited

still being manipulated, page-29

  1. 1,308 Posts.
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    Today AGO was up around 5 cents and BRM down aroung 6 or 7 cents. Why? in the case of AGO they made a positive announcement regarding their magnetite resource. In the case of BRM it is well explained by the current posts.

    The point being is that if BRM get it right, with the same quality of report as AGO, they should rebound. In AGO's case they don't need a railway for the magnetite deposit, it sill be slurried to an offshore platform. Perhaps WR needs to have a fall back position should BHP's railway not be accessible.

    I share the general view of nervousness about BRM. There are two reasons for a delay, one is that material facts are currently being negotiated, the other is that the project is not commercial in its present form. Please god its not the second one.
 
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