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Post# of 596832
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Alias Born 05/05/2006

Re: None

Wednesday, 05/21/2008 1:46:34 AM

Wednesday, May 21, 2008 1:46:34 AM

Post# of 596832
Next MXC? low float Oil Gas Monster BRN:

Looking for next MXC which went fron $8 to $40 in a few weeks? BRN is a $15 oil and gas play withTiny 4.6 MM float with 1.5 MM held by institutions only 3.1 MM "avalable" float

-$60 MM ANNUAL REVENUE trading at 2 x sales.

-$.20 EPS last quarter, $1.2 EPS run rate going forward

-$15 now was $22 last year with MUCH cheaper gas prices. ONLY reason it went down is major holder Mercury had to liquidate most of its 16% position- liquidation almost finished selling now they only have 4% left.

-In summary with this sector Momo- BRN is a gift from God at $15- could easily run to $50 on REAL earnings.

- To boot has Hawaii real estate worth $7 per share conservatively.
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