Hi mate,thanks for your post. Something I don't understand from...

Hi mate,

thanks for your post. Something I don't understand from your post (and others similar to yours) is that now radio silence and "slow operation" are the reason of poor SP.

Last 12 months we had very frequent annoucements and activity with 3 wells completed very quickly back to back + high oil prices. That climate also saw a declining SP. Some would say the options were the reason for the decline, maybe.

I just cannot stop to see the overall poor macroeconomic climate for the last year (worldwide), as well as negative forecast for most macroeconomic indicators for short term future. Within that environment I believe it will be hard for BRK SP to grow.

However, while macroeconomic conditions fix themselves, and this might take some time, brk has no debt, it continues to bring cash daily + adding new smaller wells (more cash) and no meed for capital rise in the horizon. This is quite a privileged position to be in these hard macro times. Additionally these hard times might bring land costs down ( buy more) and ease the pressure on rigs.

"Buy damaged stocks, not damaged companies" they say. I sincerely believe BRK is a broken stock, but not a broken company.

Hang in there!