hi cfdsrus
I'm not going to add any technigcal reasons to why BLR was once around $4, however a plain and clear reason/s to why they are on the move now is mostly due to offshore money coming in as the yanks know where to put their money as they know that BLR controls 100% of the taylor ranch in their own country.
not fogetting the other prospects and JV's aswell this is very very close now to JORC and the price is moving up on the premise of the fact that BLR now as a co have a very focused business system in place.
that business system is why my money is buying them too.
It was actually an american that brought BLR to my attention and still I hold.
their previous aproach and focus on their business system is why they sunk to lows.
the lesson learnt is in the business system in place now and that is a positive focus with excellent potential to become a cash cow..(pardon the pun but there's alot more on the taylor ranch than just cows.
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