They should drill into the sandstone before Monday morning, if there is going to be a gas discovery then it will most probably be announced before 10am Monday.
So if your going to buy in you need to do it before 4pm as the gate will shut so to speak, your probably not the only one hoping to take advantage of the blood shed for a cheap price today. so you may see this skip back up near close as the last few skip through the door as it shuts.
If you are buying, then you are betting the well will be a success, current market cap is $24mil, so a $200mil reserve makes 10c quite cheap.
There is not much stock to buy under 10c anyway for the last few to grab when they jump in near close.
At least you know this has more chance than property! :)
BUR Price at posting:
9.3¢ Sentiment: Buy Disclosure: Held
