BLR 0.00% 0.2¢ black range minerals limited

up 16 percent. large volume.

  1. 3,048 Posts.
    Great volume for the day, professional investors buying in great chunks at the end of the day as they do.

    Nevertheless, it is just one day so we have to wait and see for the rest of the week. If it holds above 15 cents at weeks end then you can bet we are on the beginning of a bull run. The volume today, great finish and huge white candle indicate to my amateur trading that this is the beginning of a good run up.

    1. Fundamentals are great.
    2. We have burned through most of the disheartened sellers from the 30 cents mark.
    3. December is a great bull month as we get closer to the end of the year.
    4. The winter in Northern hemisphere should lead to higher U spot prices.
    5. $100 U is inevitable in the next few months, I would even say that we will see $120 again by March.
    6. If you go back through the amount of drilling done by this company and compare it with other similar companies, BLR is streets in front.
    7. The Boyer deposit is the company maker! No one has realised this but the grades are fantastic, concentrated in location and will really swing the company into action. It was unexpected and has really boosted the company. It is based around the extra land picked up in the 1st half of the year that Brantley was posting about. This is the first deposit that will be mined. My tip for the BFS is that this area will be changed into measured rather than inferred on the JORC status. It is easier to do on a small area and once the company has the cash for that mine, the remainder can be mined at leisure. Go for the low hanging fruit first!

    This is a great buy for those willing to do their research.

    I am very bullish on this and can see 50 cents by March. This would put the company at a 350mil cap, smaller than BMN! I don't think that is unrealistic
 
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Currently unlisted public company.

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