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Berkeley Mineral Resources – speculative buy at 2.13p

Tom Winnifrith
Friday 22 November 2013

The maths look compelling (even heavily risk weighted), the newsflow should be sparkling according to my sources but this is mining: it is all about the delivery. Even so, Berkeley (BMR) is worth a flutter as a speculative buy share tip at 2.13p. I could see the stock hitting 3p in fairly quick order. But it is speculative.

At 2.13p the market capitalisation is £21.5 million. We have results looming and though the numbers will be irrelevant what I am told by good sources we will get is a clear indication of when operations in Kabwe in Zambia will be chucking off cash. The answer is soon. 

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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