What a load of rubbish. Oil stocks rise and fall based on oil and gas reserves, price of oil, price of gas , development plan , sales contracts. These are fundamental issues , none of which the blind owl knows about. They are issues , however, that BRU is slowly but surely getting on top of . maybe you need to read the past couple of corporate presentations.
Bru has moved beyond speculative and whilst it is not yet where it wants to be , it will be soon . Bru has economic oil reserves that will be brought back on line as soon as the export line agreement is settled , and high grade exploration targets that will be drilled during 2017 . Bru also has massive gas and condensate reserves that are in the process of being tested and proven. And you say it is a very speculative stock ? What on earth have you been smoking ?
BRU Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
