BLR last mentioned the angela deposit in 2002 annual report. since then, it went into deep trouble but its 2003 and 2004 financial reports didn't mention anything about their reserves or resources. from the public records, it's really hard to say if it's still holding the deposit.
but then, there are little things that make people (me included) feel curious if it's still holding the deposit. little things like the crew behind PDN has bought a big chuck of BLR in early Aug; a newsletter mentioned on the Aug issue that BLR is still holding the deposit; on the risk factor section of BLR placement prospectus, it explicitly mentioned that its share price is subject to movement of copper price, gold price and URANIUM price?! why would a co with base metal (mainly copper) project be affected by uranium price? is it just a standard clause on all mining co prospectus??
BLR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
