Thanks Neil
Good to see you agree with my 80c price target. Also by the time the wells slow down in 12 months to the flow rates you sugest, there will no doubt be more wells or revune from re entry.
to everyone else,
Remember, the market valued this stock at 40c with YPU1, it was down graded after the flow rates fell quicker than expected and was also probably beated down a bit with subprime to the point BUR was trading 1c away from its book value !!!! on the basis that a lot of stocks trade 4x their book value when they are a spec explorer / non producer, i think it just shows how cheap a deal BUR was, and still is.
I would not be suprised if Rocket 2 re rates this stock to the 40's and Jet 3 kicks it beyond this towards $1
There is also suposed to be some media & advertising on BUR towards the end of Jet 3's compleation.
take a look at the graph on POS over a month ago, and BLG right now.. this shows you what media hype can do to a stock price when its done nothing in that time period.
Anyone valuing this stock under 60c in my opinion is being far too conservative, probably the sort of person who wears turtle neck skivys, and rides a push bike to work.
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Last
6.9¢ |
Change
-0.001(1.43%) |
Mkt cap ! $10.37M |
Open | High | Low | Value | Volume |
6.9¢ | 6.9¢ | 6.9¢ | $511 | 7.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 44599 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.061 |
1 | 300000 | 0.060 |
1 | 100000 | 0.057 |
1 | 19230 | 0.052 |
2 | 209999 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 44599 | 2 |
0.070 | 30000 | 1 |
0.075 | 48686 | 1 |
0.080 | 11405 | 1 |
0.087 | 10458 | 1 |
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