BUR
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1.47% 6.7¢ burley minerals ltd

Not long ago after BUR announced 5MMCFD the sp rose up to around...

  1. resourceboom
    872 Posts.
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    19/12/07
    13:48
    Post #: 3176088
    Not long ago after BUR announced 5MMCFD the sp rose up to around 40c, now on our 3rd well we get around 10MMCFD and the sp rises a whole cent to 16.5c

    This for a company with a MC of 15M, should be making close to 30K revenue daily, plenty more drilling to come.

    Sure the first well had a disappointing drop off rate of flows, and the 2nd and 3rd wells didnt get through the full lateral.... but still.

    I dont get it !! :(
    BUR Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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6.7¢ 		Change
-0.001(1.47%) 		Mkt cap ! $10.07M
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6.8¢ 6.8¢ 6.7¢ $2.46K 36.32K

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6.8¢ 64490 1
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