BLR 0.00% 0.2¢ black range minerals limited

zanadu242Thanks For The latest Sept.2007 RCR ReportHere's The...

  1. 4,040 Posts.
    zanadu242
    Thanks For The latest Sept.2007 RCR Report
    Here's The Link
    http://www.rcresearch.com.au/documents

    PROJECTS IN FOCUS 2007/2008
    -------------------------------

    BLR has a $10m exploration and evaluation budget over 2years - 70% focused on uranium.

    Taylor Ranch and Picnic Tree (CO) JORC resource
    46mlbs (3Q07), well above 20-30mlb expectations.
    Scoping study 4Q07; Pre-feasibility 2H08.

    Drilling 15,000m at Taylor Ranch - 4 rigs on site: Best
    intercepts to date include: 4.6m @ 0.25% eU3O8 (from
    67.1m) and 5.5m @ 0.204% eU3O8 (from 72.7m).

    Taylor Ranch is an along strike extension of the Hansen
    uranium project (39% EMC/61% Private, 30mlbs U3O8).

    Eagle (WY) JORC 4.7mlbs U3O8; Cyclone Rim target
    resource 3 - 5mlbs U3O8 4Q07 - both historic projects. Mid term ISR production potential. 1 rig drilling.

    Ferris Haggerty Copper Deposit - Target Resource 1mt @ 5 to 6% Cu. 1 rig drilling.
    ______________________________________________________

    RESOURCE CAPITAL RESEARCH
    Taylor Ranch will continue to outperform and given Anticipated advancements at other projects we have a Price Target Of A$0.40/share ($285m).

    CHEERS TO ALL RESEARCHED BLR HOLDERS.
    IMO: BLR TOP STOCK PICK OF 2007/2008
    Bargain Buy At 15c

 
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