BRM 0.00% $2.53 brockman resources limited

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    Moz, I didn't sell at $3.20 so there's no point selling at this low price. I don't think the price will fall below my 40cent average in a hurry - but I've been wrong so many times prediting the SP - it probably will. I've always been in for the long haul and still believe that BRM will do pretty well in the future. I sold our investment property a few months ago so don't have the pressing need to sell shares that others have. I could have sold BRM and bought back in later, but not great at determining SP movement. $100 million in the bank should ensure survival until the upturn and perhaps a good headstart when things turn - which may not be so easy for juniors running low on funds and unable to carry out drilling programs.
    I wouldn't rule out selling quite a few for a $1 in today's market and throwing the proceeds into the banking stocks. If that option arose - I'd need to consider it carefully at the time.
 
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