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  1. #1
    Senior Member
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    Nov 2007
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    JBmurc,

    I know BRU has had a stellar run, but if you are still interested in the Canning then NSE is having a sbstantial pullback from 80 cents to 58.5. Worth taking a look at before they start their drilling in June.

  2. #2
    Guru Crypto Crude's Avatar
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    Dec 2006
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    New Zealand.
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    for a company with 9 million cap, to be able to commit 3.22million dollars to backreef is saying something...

    Im not sure as to how backreef will flow, but the market did not like it when OBL announced the deal...
    the market didnt want OBL to give up 20%...
    lucky us...

    interesting times ahead,
    hopefully the shale market booms again, cos then there could be a real frenzy around our flow test, and a good chance to take a decent profit...

    turning down a bagger, or couple of on a trade of grko wouldnt be out of the question...
    hoping to do so, and then buy multiples of norwest...

    Off to a pretty good start, when I bought grko there were no buyers, and now the buyers are at .001 and sellers .002

    .^sc
    BITCOIN certified rat poop. NSA created, Expensive to send, slow, can only trade on cex, no autonomy, spaghetti code, has been hacked, accidental Backdoor brc20s whoops, no one building on it, alienated all cryptos against it, volume is fake, few whales control large supply... it will perform though

  3. #3
    Guru Crypto Crude's Avatar
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    Dec 2006
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    New Zealand.
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    well,
    I decided to sell my grko today for a few reasons...
    and one of them was for another company...
    but mostly,
    I was doing some serious research on Backreef over the weekend, and reading some snipets/sentiment from directors, and now I think the big push the heads need to get the options in the money is much of a risk for the return for it to be a very smart investment that i require...
    It could still work,
    but seems that if successful backreef probably won't flow enough to get the market super excited... I could be wrong... look at the mini flow rates ctp had...

    In production the oil will be stuck in the stem of the well and needs a pump to bring oil up... backreef is also about derisking other targets in the region...
    so it is yet to be seen what impact this plays on the share price prior to backreef...

    There has been stuff all volume, the heads have fallen .2 of a cent...
    and ive decided to move on...
    I'm going to be watching this closely and hope all goes well...
    onto the next...

    KEY looking super sexy and its pulled back strong


    .^sc
    BITCOIN certified rat poop. NSA created, Expensive to send, slow, can only trade on cex, no autonomy, spaghetti code, has been hacked, accidental Backdoor brc20s whoops, no one building on it, alienated all cryptos against it, volume is fake, few whales control large supply... it will perform though

  4. #4
    Guru Crypto Crude's Avatar
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    Dec 2006
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    New Zealand.
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    In the light if 20 20 investment audio presentation im very chuffed I executed my sell of GRKO... The same sell (trade- reentry) I wanted to with TTEO but didnt that time...
    Shale Gas...
    get some now...
    NWE TTE KEY BRU NSE AWE

    .^sc
    BITCOIN certified rat poop. NSA created, Expensive to send, slow, can only trade on cex, no autonomy, spaghetti code, has been hacked, accidental Backdoor brc20s whoops, no one building on it, alienated all cryptos against it, volume is fake, few whales control large supply... it will perform though

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