BE Resources Inc V.BER.H

RE: breakout

[dwothers]

I've been watching this one since before it crashed, and I will continue to watch it with great interest as the tight rope walk of whether they can get their ducks in row before running out of cash flow plays out. If they succeed anyone that is getting in now will probably be very happy. If they do not their reserves will be sold off to pay back their debt. I'm not making a statement either way as to which way I think it will go. I have no idea and I haven't assessed if I think it is possible or impossible to do this. I would probably take me a week to come up with an opinion because I have such limited experience assessing this kind of stock. Before this one crash I was asking why people would invest in it because I was looking for guidance on what to look for. I still haven't figured out what to look for. I think it was Enron that ran into big troubles and the pieces of the company got sold off at "rob the equity holder" prices and anyone that succeeded in buying those piece became very wealthy. There's no question someone is going to get wealthy over the reserves here, the question is who? I should take the time to see if can figure out how to chase the money though this kind of stock because if it is doable ...