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Thursday, May 19, 2011 1:04:40 PM
JR's priority is spending this summer getting these leases in shape to get their maximum value. I don't think he's going to be in a hurry to do filings for the purpose of pleasing nagging pinkie players. The money for him is getting the highest price from the PP buyers, then for the company as a whole.
As the post I made yesterday shows, he has divided the undeveloped portions of the leases into new leases. This complies with the court order and meets the request from the land owner. If he puts 2 wells on each lease then all the leases will be producing leases and their value goes up by over 1000%.
Since he has not made any statements regarding what I'm posting, I will say this is my opinion.
He will place 2 Cameron leases into this company along with 2 other leases and offer the whole company for sale.
Weiss has another shell that he acquired from a loan default and is being cleaned. After this project is secured, he will then place 2 Cameron leases in that company along with 2 other leases and do it again.
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Until we know for sure the PP holders are taking control of the stock, BRZL will be what ever we make it. I'm been asking myself the question if it's possible that a paid basher is already on the stock. It may be my imagination, but it sure looks like the volume on the ask is decreasing. It caught my attention the other day when someone point out that the ave volume was slowly dropping, the pps was dropping, but the accumulation was climbing.
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