BLR 0.00% 0.2¢ black range minerals limited

Cait, There are existing sandstone hosted Uranium mines in the...

  1. 897 Posts.
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    Cait,

    There are existing sandstone hosted Uranium mines in the world which would have been the target of near term cash, and also the fairytale of the October Stockpile etc.

    They either:

    a) Couldn't convince any existing miners that the process works
    b) Couldn't get regulatory permission to use the unit at sites in the US.
    c) Ran out of money before achieving either.

    I also would ask you to think a bit deeper about the 'opportunity' presented to us by Glasnier. He will then have a company of only ~20 million shares on register, listed on a second tier Canadian exchange with significantly less reporting requirements then the TSX or ASX.

    How many times will be come cap in hand to those shareholders for more funding and dilution? Probably until shareholders have tipped in Millions and the shares are back in the basement.

    Glasnier's existing assets are rubbish, it totals 5 Mlbs... scattered across several (8?) properties.
 
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