Ann: Appointment of New Managing Director , page-37

Well done jzm...some here forget the past with BLR. "Rose coloured glasses"...

So "near term" of over 5 years is ok???? And still no closer, not even a PFS out, let alone a DFS.

About as misleading as it gets, no wonder BLR went down from over 30c. Promise the world and deliver nothing.

As I said BLR needs something positive to get attention again. They have dragged their feet in regard to doing what is supposed to happen with mining companies to "produce".

Building a massive resource will mean absolutely nothing if they can't proceed to mining. So far they haven't scored highly in that regard. You only need look at BMN to see a massive resource means little to nothing to the market unless you are going to mine it, or at least confirm they will be.

Both BLR and BMN amongst many others were once the market darlings and much touted on HC. Now they are poison as far as the market is concerned and it is reflected in their respective sp's at the moment.

You want to hope BLR comes up with th positives before the next wave of the GFC hits, IMO around June/July this year. When the US starts "QE" to sell off stocks such as GM and the reality of Europe finally hits home.

Only true "near producers" will remain strong...the others will be hit hard IMO. BLR has potential, however they are about as "near to production" as I am to retirement, no time soon.