Note the large volume spike week ending 18/08/2014 of 106m shares
range .004 to .007 close at .006
Now .006 is what is offered.
I suspect there are few options as BLR requires money to even last until this proposal is completed.
In 2010 millions of BLR options were converted at 6 cents. Prtior to this BLR share price ramped up to 6 and 7 cents per share over several months and the company raked in approx $6m .....where did this go?
As for the "Opportunity to generate near-term cash-flow by Ablating the ~100,000 ton
surface ore stockpile at the Sunday Mine" well that option has been repeated for a long time.
Is this the same company that issued 640,000 shares at $2.75 Cdn 4 days ago.
The offer says that Western Union Corporation closing price is $4.53
Have I found the wrong share?
BLR Price at posting:
0.4¢ Sentiment: None Disclosure: Held