BLR 0.00% 0.2¢ black range minerals limited

Once again Slick, your downramping and transparent dislike for...

  1. 458 Posts.

    Once again Slick, your downramping and transparent dislike for Glasier and WU is obvious. Your selective disclosure in order to scare the market is transparent. I bet you don’t even own WU shares but sit in your cave thinking about ways to further mislead the shareholders of WU, trying to goat Glasier. Why do you persist in your practice? Did Glasier fire you at Energy Fuels or WU? Do you even own shares in WU?

    The fact is AZZ needs to raise cash and it is mentioned several times in the report and of course the Elston/Anadarko agreements require payments. AZZ is a seller of everything except Dewey Burdock, and possibility Centennial. But you know this already and are only trying to cause trouble.


    http://azargauranium.com/wp-content...ts/Azarga-Uranium-Corp-2015-Annual-Report.pdf

    For those that want the truth:
    Page 34, point 7. AZZ sold $339k worth of land. More than what WU was sold.
    Page 39, point 9.2. AZZ sold $110k worth of WU.
    Page 41, point 9.3. Recently AZZ sold $228k worth of Uranium Resources, double the sale of WU. In fact, in Q1 2016 alone, AZZ sold $160,000 worth of UR, double what they sold of WU in the quarter.

    AZZ had over $2m in UR and now has $1.1m. And this is to be sold. It was said clearly, which you conveniently neglected to post because you were so eager to post about WU, is on page 40.

    “In the fourth quarter of 2015,the Company determined that its investment in URI should be should be classified as held for sale. No impairment charge was recognized at the time of this reclassification. The Company has developed, initiated and committed to a plant to sell its investment in URI, the investment is available for immediate sale in its current condition and the Company considers the sale of its investment to be highly probable in 2016.”

    So Slick, you are being economical with the truth and are an expert of smoke-and-mirrors. As always, I do not know why we should expect anything different from you. A leopard never changes its spots. A scorpion is a scorpion, even when riding on the back of the frog across the river.

    More cash raising announcements:

    Page 10 in the MD&A. Land and asset sales.

    Identify opportunities to generate capital through the sale of redundant assets. The Company expects to generate approximately $300,000 of additional cash from the sale of redundant assets. To date, the Company has sold redundant assets for net proceeds of approximately $700,000. The redundant assets primarily pertain to land at the Centennial Project. As a condition of the sale, the Company will retain the surface rights. The Company does not expect the sale of redundant assets to jeopardize its overall strategy.

    Page 19 in the MD&A spells it all out. S
    lick, why did you not highlight this in your selective disclosure? Seeing AZZ could use ablation on its properties other than DB, and the CEO of Paladin is a believer in ablation, while the Azarga rep witnessed ablation in operation in September 2015 and is a supporter, why do you go out of your way to try to down ramp WU? Slick, you are living up to your name, a slickster, throwing falsehoods and selective factually incorrect comments to scare people. It is not working and people can see through it.


    Cait
 
watchlist Created with Sketch. Add BLR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.