joke, page-29

re: grades? Hi tas,

You seem to really know your stuff, and I appreciate your input.

But surely if you were on board this management teams vehicles, you would have to be happy with the returns to date, wouldn't you?

Please don't think I am being a smart ar$e, these are genuine questions and, you see, I am in the market to make money and every one of their stocks has doubled in side 12 months.

I think they have more in store for BLR besides just this copper play. IBR, for example, started in Portugal but now their main focus (immediate term) is Armenia...and they had no trouble raising institutional funds at higher rates. They did likewise with ELK when they acquired a second field not initially planned in the IPO prospectus. I think it might be the same with BLR.

I take close notice of what you are saying because you do seem to understand the geology very well hence a lot of my confidence in BLR (as I've said before) comes from backing the management.

I think they may have other projects in store that they will run through BLR.

Regards

Coop