I've been waiting for NSE result on Goldwyer for the trigger to buy into BRU.
Just did so today.
Reasons:
1. NSE ann confirmed that Goldwyer upper formation contains gas (I anticipate commercial quantity - lab will tell).
2. BRU has 50% interest on most tenement - compared with 25% of NSE.
3. BRU has both proven Laurel formation and conventional oil.
Goldwyer formation alone will add (from memory) close to $7 per share (risked) - see BRU website.
Happy days.....
I know the market is abit choppy but I'm here for the long-term - BRU has been anticipating NSE result so I'm sure they'll be getting ready for some forward program once NSE lab results and further coring bring on more good news.
Won't surprise to see BRU starting the next leg up.
cheers
PCYC
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