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BUR - Burleson Energy

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So therefore for now its a gamble depending on how the current well drilling is going. However, that would be short term changes right?
 
rykerz said:
So therefore for now its a gamble depending on how the current well drilling is going. However, that would be short term changes right?
Click to expand...

Oil and gas juniors are inherently risky. My opinion at these levels is that most of the downside has been taken out of it so it has excellent leverage to good news. I bought around 22c and am still holding. It's a personal decision but I like the risk/reward on this one at these prices.
 
Everyone's hanging back in the depth looking for a bargain.

tough luck..lol

Watch the close as everyone trys to get set before monday.

Investors know its selling too cheap and will clamber over each other to get set today while the general markets down

Jet 3 could produce earnings which could see the share price well in excess of $1

fingers crossed re: JET, and well done Rocket... nice suprise there.




AA
 
$1 is sure welcomed BUR being my first stock kind of makes me want to keep it for long, however hope that little feeling aren't going to be the reason I miss my good chance.
 


geez it'd be nice if I could see market depth! I only have a casual account here
you reckon it looks promising?
 
Hi there guys, surprised you don't have access to Depth via your broker?

Do you have a online account or just a phone broker account.

Its worth getting (free via broker) if your are a serious investor.

Although depth can't always be taken for granted its a valued tool.

Wow... I wish bur .. buro... was my first investment


for newbys my suggestion is to hold out to 2010 before selling any, avoid temptation and reap the otherwise difficult reward,

ride the ups the downs, don't be thrown by the shareprice volitivity which doesn't always reflect true value.

best of luck and skill


AA
 
absolut-advance said:
Jet 3 could produce earnings which could see the share price well in excess of $1

AA
Click to expand...

AA - don't wanna rain on anyones parade because I too think BUR is on the way up ... but personally I wouldn't be expecting $1 on the back of Jet3 alone - thats more than 5x todays price!?
Do you have any figures that lead you to suggest that $1 is a realistic target?...
 
Thanks Dukey, we must have missed that post.

AA, when posting such a high target price (relative to current price) please provide some hard evidence either fundy or techie rather that just posting a random figure.
 

I'm with NAB online, Market Depth is only available for Pro accounts which is a bummer.
message too short? that's a bummer too
 
Plugger said:
I'm with NAB online, Market Depth is only available for Pro accounts which is a bummer.
message too short? that's a bummer too
Click to expand...

Im with comsec and they show market depth and this is my first time trading i hate when banks do that stuff spend more than $25000 and we will show you market depth. Buttheads
 
Plugger said:
I'm with NAB online, Market Depth is only available for Pro accounts which is a bummer.
message too short? that's a bummer too
Click to expand...

Usually short messages will be deleted.

If you have short questions not related to a particular stock post them in a general chat or beginners thread where no character limit applies.

thanks
 
Im still holding, plan on holding for a while. Its not uncommon for a slight down turn in sp after a strong surge, dont worry, still low volumes. Keep an eye on the announcements, lots of others will be after the interest after last weeks announcement.
 
I am still holding onto mine as well have big hopes for this little stock hopefully it will do great for me :
 
BUR falling back onto 1.65, would this be caused by the change of PM recently? How would Rudd affect us or even the general market?
 
rykerz said:
BUR falling back onto 1.65, would this be caused by the change of PM recently? How would Rudd affect us or even the general market?
Click to expand...

I would say that it would not effect it at all in such a short time it started falling b4 he got in so i would say it would have happened no matter what.
 
Lateral flaring gas on Jet 3, good to see.Still 4313 feet to go so from moi.Gee it must be getting cold over there.
 
Good Announcement today. Looking good for Jet 3 to make it 3 producing wells from 3 drills. Would like to see it finally put a floor under the SP, and a bit of buying interest to lift the SP.

Wonder if this will spark some interest like it did the other week when the SP jumped th 21c?????????

Feeling safe with this one for the long term....
 
Well Jet 3 drilling is over and an exceptional update on Rocket 2 such as

During November 2007 the well produced an average of 3.8 million cubic feet of gas per day and 280 barrels of condensate per day.
Click to expand...

Next well is Marlin 1, also Yegua has dropped in production
 
Anyone listen to the BUR boardroom radio interview?Steadily building a bank of producers with low # shares/options on issue.They are tied in with very experienced American partners which offers BUR share holders a better strike rate with higher competency.The interview sums up the situation.
 
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