BLR black range minerals limited
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has the market gone mad???

  1. buc
    8,667 Posts.
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    20/08/11
    13:35
    Post #: 8849343
    or have I fellow Comrades?

    BLR - Market Cap $22mil

    Estimated Uranium Resource = 100 000 000 Pounds

    100 000 000 pound resource x 22c per/pound in ground = $22mil market cap.

    BLR's high grade Uranium is worth a measly 22c per pound according to the market.

    And the Jonesville Coal project is worth nothing?

    BLR Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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