BRK 0.00% 1.0¢ brookside energy limited

the stock was priced solidly before the Jewel produced on the...

  1. 27,747 Posts.
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    the stock was priced solidly before the Jewel produced on the probability that it was a success, as they all are low risk developments.

    The market should start to really understand, after rangers, that theres 18 more to come, and they were no flukes.
    Its conversion of exploitation , not exploration. Regions with old vertical wells, that benefit from new techniques.

    Who is selling ? Anyone taking profit. Needing a pay day. Sometimes its that simple.
    But where is the company going, you have to look a year ahead, two, three, with multiple cash wells and new acres acquired.

    Its not going back to a micro cap, its possibly getting reaped at the moment from those who backed it at a micro cap, to pay for whatever, and probably keeping a lot of free carried stock.

    The market likes a proven winner, and a proven formulae for success.

    Where is it going to be next year ? Dont sweat the volatility.
    70m =>25m ? or 70m=>200m ?
 
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