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BRS Resources Ltd. V.BRS.H

BRS Resources Ltd is an upstream oil and gas exploration and production company. It is engaged in production, exploration, and acquisition of petroleum and natural gas properties in Italy. The company along with its operational partner has drilled three explorations well in the Po Valley. Each of these prospects is in close proximity to and on trend with several nearby producing natural gas fields, including the Sabbioncello, Tresigallo, and Cotignola fields.


TSXV:BRS.H - Post by User

Bullboard Posts
Post by ukboardon Nov 09, 2006 9:13pm
394 Views
Post# 11653375

Disappointing Revenues

Disappointing RevenuesBRS has a chart of a type that I like. Such charts often mean the price has fallen to long term support, and the last sellers are being wrung up. I believe it could be a safe buy- provided there is some fundamental news coming out that will bring fresh interest into the stock. The drilling sounded promising, but the releases were skimpy on detail. When I saw the tiny revenues (only $26K in a quarter), i decided there must be alot less to the story than the NR's suggested. I will stay away
Bullboard Posts