Grant, I've always considered that PDN will either merge or in some way acquire BLR and now is a perfect time for PDN to do so, with BLR's share price being a quarter of it's true value. Now is the wrong time for BLR shareholders if this were to happen. This worries me, especially when Management are extremely slow in announcements. Is this intentional?? If you go by the Investor Presentation on the 4th December 2007, BLR is supposed to have three times as much in the ground as BMN and half that of PDN so BLR is well undervalued. Also where are the results from Cyclone Rim drilling program which were completed in September 07 quarter and supposed to be released withing a month of the December 07 Quarterly Report. This company with the right management could be huge. As a long term investor I have faith in the company but am becoming a little concerned about management. If it wasn't for you and HC we wouldn't have even known there was a problem with Taylors. Cheers Neil
BLR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
