BE Resources Inc V.BER.H

NASDAQ Exposure

[bobsmith1]

Jul 22, 2011

US Market Closed

NASDAQ 2858.83 24.40.86% | DJIA 12681.16 -43.25-0.34% | S&P 1345.02 1.220.09%

UPDATE: BE Resources Rallies on Big Volumes As Announces Assay Results; Still, Was Double Current Prices in 2H2010

Posted7/22/2011 2:38 PM

BE Resources (BER.V) is now up 52.5 cents or more than 600% at61 cents, having earlier touched a day high 66 cents with around 26million shares traded after announcing the remaining assay resultsfrom its drilling program to date at its Warm Springs project inNew Mexico. Still, the stock was trading at around year highs of$1.30 a year ago.

The company said of the holes drilled to date, DH5 and DH10 arethe most encouraging in terms of beryllium. As previouslyannounced, the company intersected a beryllium-mineralized zone inDH5 in excess of 100 feet in thickness with a maximum gradeexceeding one percent beryllium oxide and over 55 feet of berylliummineralization in DH10 with a maximum grade exceeding 0.5%beryllium oxide.

The views and opinions expressed herein are the views andopinions of the author and do not necessarily reflect those of TheNASDAQ OMX Group, Inc.

Read more: https://community.nasdaq.com/News/2011-07/update-be-resources-rallies-on-big-volumes-as-announces-assay-results-still-was-double-current-prices-in-2h2010.aspx?storyid=86853#ixzz1StV4PKAc