you people are absurd!
Very very long term is 12 months to 2 years?
Guys you cant even (often) get from feasibility to production in 2 years.
long term begins at at least 3 years.
If your time horizon is any shorter than that you are a trader (not an investor) and you deserve all the pain you get.
If you think the Company is well placed and that U will come good in the not too distant future (as in next 24 months) then BLR is one of the most underpriced players in the market - based on value for in the ground resource.
Do everyone a favour. Stop pretending to care about the company. Either become an investor (in it for the long term -3 to 5 years) or get out. If you were looking at it for a trade you will probably be disappointed.
In mid 07 you might have argued it as a trade, but the market now hates small caps and U. Its unlikely to go any where too fast any time soon. But if you hold on, when the turn around happens it could be quite violent.
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