Mum Dad Investors Demand Better T/O Deal, page-68

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buc

7,976 Posts.

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12/02/15

10:56

Post #: 14741557
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Originally posted by battenberg trust ↑

WUC and or Glasier have not made that threat, They have simply made a take over of a vunerable target.
Our mate Cait was the one making the assumptions.

It is not to WUC benefit for BLR to go into receivership. As you may see from the list I posted, there are hundreds of U308 miners over there. and they or an astute Australian investor may see the opportunity and pounce. WUC are getting the company for a share swap. No Money changing hands. It’s an extremely smart move. But we have no choice in this, once the large holders decided to sell, that was it. The only move then was to average down to minimise losses or increase percieved profits.

Going forward, we should have all just invested in Blackrock ETFs and made 25% over the last 12 months.
BLR is just another penny dreadful with high risk of returns. I have made the decision to only invest in operating companies and even those are a risk,

I wish you well and if you believe WUC is a safe bet, average down, sell the profits in CBA, they are about to pull back.

Note I am not a Broker or a professional, I have Mac Bank and others for that, This is just my hobby.

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"It is not to WUC benefit for BLR to go into receivership. As you may see from the list I posted, there are hundreds of U308 miners over there. and they or an astute Australian investor may see the opportunity and pounce"

Only difference, there is a technology BLR has that the others or "they" don''t.

George Glasier, the President and CEO of Amicor, stated that,
"the process developed by Ablation Technologies could be the most important development in uranium recovery in the last fifty years. We believe that projects that are economically marginal at today's prices could be operated profitably as recovery costs will be reduced drastically. Projects that are economically viable at today's prices could likely see margins increased substantially."

http://globenewswire.com/news-relea...-for-Innovative-Uranium-Recovery-Process.html

Last edited by buc: 12/02/15

BLR Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
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