TSXV:BER.H - Post by User
Post by
Cstovinon Jul 22, 2011 10:32am
282 Views
Post# 18860820
MicroCap.com issued Alert on news at 0.12
MicroCap.com issued Alert on news at 0.12
Danny Deadlock at MicroCap.com issued an alert on this news near the open but it has been terribly difficult to buy. I finally paid high teens when he suggested a person may want to tuck this away long term. Deadlock noted that the drill intersection length combined with off-the-chart REE grades will make this an important play.
To understand why this is more than just a "trade" take a look at this image on the company's website
https://www.be-res.com/Projects/WarmSprings/GeologyandExploration.aspx
Then read their explanation below as to where they believe the minerals are originating. It would appear now with these last drill results, the company's interpretation of the geology is very accurate. That being the case, they may have an entire large field of these. It reminds me of diamond exploration and how the diamonds originate from kimberlites. The diatremes that BER references appear similar and that could indicate massive tonnage throughout the region of very high grade REE's.
If you own this, definitely review that website link above to understand the potential better.
Thanks Microcap for the heads up this morning - I am returning the favor with this shameless plug :)