update on hansen theory, page-5

Hi Brantley,

hadn't read your post - posted about the same time as I did.

The fact of the matter is that if BLR is to claim extralateral rights (via a lode claim) of Hansen this will significantly decrease the economic feasibility for the existing rights holders (Energy Corp/NZ).

BLR may now be (or was & the deal is done!) in a strong bargaining position to buyout both parties for a significantly less sum due to the orebody of Taylor Ranch extending to the Hansen Deposit.

Put plainly, Taylor Ranch and Hansen are the one deposit/vein but it starts with Taylor Ranch hence BLR can claim a portion of Hansen due to the principal of extralateral rights.

If people in the recent placement were advised of this then I can see why 24c was oversubscribed.