BRK 0.00% 1.2¢ brookside energy limited

2nd newsletter out, page-73

  1. 591 Posts.
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    Meh, waiting for my Bpay clearance to go through so I can buy a few more heads.

    I can't fathom why people selling at these levels even if the market "doesn't get it". Just a matter of time before it does - patience... and then some more patience.

    In the meantime, happy to keep buying where I can.

    A few notes:

    - The company is in a good position cash wise.
    - The company is still making progress in securing more acreage.
    - Jewell still on the cards.
    - Major shareholders increasing holdings.
    - Oil looking bullish for next year due to various indicators.
    - Hedge funds piling into oil according to a few reports of late (confirms the above).
    - Many Tier 1 locations being depleted making BRK's acreage ultimately more valuable.
    - Majors in SWISH showing sensational results (See Continental's results)

    I'd say 2020 is shaping up to be a decent year.
 
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