G'day R42,
there is one small deposit that is worth owning that is not 2nd derivative dirt inside BLR . the rest is rubbish. look at the grades of BLR compared to Sunday . It is actualLy embarrassing that i own BLR now after reading the WU release. The part that i am having a lot of trouble with is what the balance sheet will look like on 31 July when BLR has to file. it is my opinion that BLR is technically bankrupt. my basis of this comment is formulated by the April 2015 balance sheet minus the WU loan. No revenues, no capital, WU has possession of the BLR assets and ablation machine. vote no, we are kaput. vote yes, BLR shareholders survive. BLR has no money, no permits, no licenses, no mill capacity, nada. except 1 good property and a bunch of low grade dirt.
Cait
- Forums
- ASX - By Stock
- BLR
- Ann: Western Uranium Announces Resource Estimate for Sunday Mine
Ann: Western Uranium Announces Resource Estimate for Sunday Mine, page-5
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online