to those pessimists who sold today...

Well what a ride we have had today and yes the market price for BUR might be down but you punters who sold today clearly can't see the wood from the trees! I guess it all comes down to understanding and clearly the sheep who sold today simply don't understand this stock. But selling is your right and I was happy to pick some up cheaply!

Let me explain:-

-This is the first in 7-8 wells BUR etc have drilled that hasnt hit gas as planned so their track record is still impeccable, the nature of this game is hit & miss so you take the good with the bad

-Sure Moeller 1 has hit some water but if you READ the announcement they are going to test the upper 20ft from where they tested today so all is not over with M1! Even if the testing of the next zone doesn't work we still have many other prospects to look forward to and many reasons to buy (if your not in already) or hold. I don't believe people bought this stock solely because of M1, as there are plenty of others still to be drilled that could contain more gas than M1 and buying this stock based on the outcome of one well is pretty damn stupid.

-H1 is flowing to sales which proves they are capable of finding gas and commercialising it, more than I can say for a lot of other speccies in the same game

-J1 & H1 are still to be flow tested and I know they are not as significant as M1 they are still wells which can flow GAS to sales and will bring us CASH for further drilling of the remaining 70+ prospects!

Looking at the bigger picture:-

-This is a VERY well run company with a hugely experience board and management who know the oil and gas business a lot better than the average oil and gas explorer. Have a read of their profiles if you don't believe me.

-Woppa is still to come and that could contain 600+ BCF gas...

-The have identified 75 additional prospects (including 23 top tier targets) from their INITIAL 113sq Mile 3D seismic and to date have only drilled 4...

-The recently acquired 1,000sq Mile 3D survey will further add to their drill inventory and you would think somewhere in there we will hit plenty of gas and this little 6c stock will come to life and you pessimists who sold today will return!

-BUR still has around 3mill cash at bank so I don't know why there are cries for a capital raising or the unfounded comments the company will fall over now as M1 didn't come through first time round, clearly people need to read the latest quarterly and the latest announcement.

BUR is a great speculation and if you don't want to be part of it please leave in quite and stop spreading your pessimism on this forum as there is no place for it here.

To all those who hold or bought more today, well played! Stay strong, be bold and our time will come!

Good luck to all who hold!