TSXV:BRS.H - Post by User
Comment by
RGS1on Mar 18, 2004 11:38am
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Post# 7229721
ureka
urekaCall the mgmt and ask. I do not care what the production from the working interest is in terms of BOE, I care about the cash flow and how long it will last. With the Karl aqusition I care about production per day as the company is now launching off it's current cash flow to make aquisitions. I am sure that you know it takes significant money to run a public company and lots of money to drill. What better way to start than with small interests that accumilate to larger cash flow that you can build a business from. In my oppinion this is the right way to build a public company and BRS is doing so. No hype, no big stock run ups, no BS, just succesful drilling, and aquisitions all starting to hit the bottom line. Come on, this is a $.40 stock. There are guys with moose pasture in Africa trading at higher prices that have no cash flow, but lots of hype !!