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Bullboard - Stock Discussion Forum 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 Discussion

BE Resources Inc > things are getting heated up
View:
Post by utmalik on May 16, 2014 6:09pm

things are getting heated up

they might be close to some news...i like the way its trading
Comment by DRILLFILLBILL on May 18, 2014 12:38pm
I like the monthly charts, as this just came up on my radar. I like the low float of19 million shares. What I don't like is only 100k traded for the month. If you want this to "heat up", it will need a minimum average of 300k/day.
Comment by utmalik on May 19, 2014 12:13pm
well it cant trade 300k a day because close to 12 million shares are restricted for next two months, because they were bought in a pp. secondly remmaining shares are in close hands. For this stock to go to 1 dollar it only needs to trade 2 million shares.
BE Resources Inc