zanadu242
Thanks For The latest Sept.2007 RCR Report
Here's The Link
http://www.rcresearch.com.au/documents
PROJECTS IN FOCUS 2007/2008
-------------------------------
BLR has a $10m exploration and evaluation budget over 2years - 70% focused on uranium.
Taylor Ranch and Picnic Tree (CO) JORC resource
46mlbs (3Q07), well above 20-30mlb expectations.
Scoping study 4Q07; Pre-feasibility 2H08.
Drilling 15,000m at Taylor Ranch - 4 rigs on site: Best
intercepts to date include: 4.6m @ 0.25% eU3O8 (from
67.1m) and 5.5m @ 0.204% eU3O8 (from 72.7m).
Taylor Ranch is an along strike extension of the Hansen
uranium project (39% EMC/61% Private, 30mlbs U3O8).
Eagle (WY) JORC 4.7mlbs U3O8; Cyclone Rim target
resource 3 - 5mlbs U3O8 4Q07 - both historic projects. Mid term ISR production potential. 1 rig drilling.
Ferris Haggerty Copper Deposit - Target Resource 1mt @ 5 to 6% Cu. 1 rig drilling.
______________________________________________________
RESOURCE CAPITAL RESEARCH
Taylor Ranch will continue to outperform and given Anticipated advancements at other projects we have a Price Target Of A$0.40/share ($285m).
CHEERS TO ALL RESEARCHED BLR HOLDERS.
IMO: BLR TOP STOCK PICK OF 2007/2008
Bargain Buy At 15c
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