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.
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
BLR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held