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BE Resources Inc V.BER.H

BE Resources Inc. is a Canada-based company. The Company was formed for the purpose of acquiring certain mineral interests and further exploring and if warranted, developing those interests. The Company is engaged in the process of repositioning its business to optimize value for shareholders.


TSXV:BER.H - Post by User

Bullboard Posts
Post by buyb4its2l82on Mar 02, 2011 8:12pm
167 Views
Post# 18222574

Set your phasers to stun

Set your phasers to stunSo what phase are we in? I think phase 1 was the first 5 holes. It looks like BER already knew in July 2010 that phase 2 ( the 19 drill hole program, now 12) would be started by now. Looks like $ 1,400,000.00 will be needed plus another $ 700,000.00 for general expenses. We have been told that the 12 holes have been started. I would think once this phase is completed more financing will be required. Let's hope their findings are substantial. As well let's hope that with hole 3, 4 and 5 there is more then 1 hole with good results. Also my guess is that when you are drilling 12 holes around the outcrop based on the1960 drilling information you are bound to hit what they already know. I don't want to hear, look at what we found when it is already 1960 drilling knowledge. I forget the poster that stated the comment about posting information that contradicts BER's management information. I agree except you really should be speaking to Money In Metals. They alone made that huge mistake by stating hole #3 was no good. As far as other information is concerned please state what information is not correct. I would be happy to explain where it came from. There was another comment about stock promotion. Yes BER is a victim of stock promotion, but saying that if hole 1 & 2 had hit and maybe 3, BER would be much higher then $ 1.20/share. Knowing and proving are two completely different things. It is all hard work for the stock promoter and the company to prove that they have the goods. You can say it all you want, but the proof is in the results and those results then will have to be converted into cash otherwise all you have is a bunch of stuff in the ground. My opinion. Cheers.
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Bullboard Posts