It seems that I have over stayed my welcome on the BLR thread. Everytime I post I get moderated. Just trying to present a different point of view. Not everything is rosie with BLR and Im just trying to make everyone aware that it is a huge risk with investing in BLR management.
Projects have too many uncertainties and the odds of all of them working out would be extremely small.
Need a permit to futher drill low and deep U supplies. Even if they get the permit through, the U wont be mined because its not economical. Therefore its a huge risk because they need to find some serious U to make the company profitable. And even then, they are years away from mining because drilling many holes at 400m depth to sure up resource will take ages.
Come on, management have side they have six rigs working and then they say the rigs arent drilling or doing a good job. Some management skills. Dont even get me started on the copper.
BLR Price at posting:
0.0¢ Sentiment: Sell Disclosure: Held