BUR 0.00% 7.4¢ burley minerals ltd

drilling update, page-3

  1. 2,903 Posts.
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    Yes this is a PRODUCING company, with one well producing now for a few months, second well commences sales within a week, and third well spuds next week. I think people are hanging back until a well produces some flow rates in excess of 5 mmcfd, and it remains steady? This is early days for this company, and it`s a great opportunity to get in on ground floor. There are lots of other companys that have a greater Market Cap, forecast blue skys, yet have no cash coming in! At least we do.......I heard yesterday, that the selling has been widespread and the substantial shareholders are still there. Must be people that need money, or are just impatient that are selling IMO Let it bottom out to .115 cents for all I care, cause I`ll have another quarter of a million! ;-)
 
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