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BRS Resources Ltd. is a Canada-based mineral exploration company. The Company is focused on the identification, evaluation, and acquisition of mineral exploration properties located in Canada and the United States and once acquired, the exploration of those properties. Its principal property is the Cowtrail Property, which is in the exploration stage. The Cowtrail Property consists of 32... see more

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BRS Resources Ltd > JUST A HUNCH

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Post by ArianartizaN on Jun 21, 2017 11:45am

JUST A HUNCH

I've been thinking quite a bit about BRS and the future. I have arrived at a conclussion of my own, and also with a small peep from a source which reaffirmed my thoughts.

I think what is going on here is that BRS is actually working out their terms with AleAnna so that BRS owns a larger percentage of their agreed stake in the project. AleAnna needs BRS in order to operate and to produce/extract this gas. There are things going on behind the scenes here and we will soon find out. I also think long term AleAnna will be bought by BRS in the future. Not anytime soon but they are publically traded and AleAnna is not... So in terms of taxes and VAT's etc in Europe well, there is a benefit there for BRS to simply buy AleAnna. Its in their best interest.

JMO

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