ouch we need some news, page-14

Hi All,

There is a distinct possibility this could float lower as their last report suggested that any Taylor Ranch JORC updates will not occur in the first quarter. This was different to their investor presentation back in January 07.

I stated this in a post last week.

Some of the astute market watchers noted this and therefore some investors/traders have been slowly pulling out.

I don't believe any aerial survey (Cu) will do anything significant for the sp this quarter. I am also worried that the Eagle JORC may be uneconomical but we should find out in the next 2 weeks. These two announcements may well cause the price to move forward if they are positive, however I have bet the other way.

I have faith in BLR in the long term but am plainly stating my views for others to digest for what I predict in the next 6-8 weeks. I think it will drift further in that period of time.

Call it a downramp if you want but it is just how I see things.