I would urge you all to read the following document posted at...

I would urge you all to read the following document posted at the NRC website http://www.nrc.gov/reading-rm/doc-collections/commission/slides/2013/20130220/alter-documents-03012013.pdf

The suggestion that BLR is now on the home straight is misleading in the extreme. The cheerleaders on this thread need to quit smoking their socks for a minute and begin to consider the other side of the coin. It's clear the euphoria and devisive manipulation of shareholders sentiments is getting the better of a lot of people.

There are many unanswered questions surrounding the regulations and their application to the use of new technologies (for Uranium) such as UBHM and AT.

A few extracts:

From pg1; "The most completely understood deposit within the BLR Hansen/Taylor Ranch Uranium Project is the Hansen Deposit, located within the South T-Bar Ranch Residential Development. This potential resource is rated at ~ 17 million pounds at 0.067% U3O8 ore grade (at an uneconomical 250 ppm cutoff) or a more realistic ~9 million pounds at a 750 ppm cutoff.
In order for Black Range to proceed with their project with such a marginal uranium ore grade, the company has proposed to utilize two experimental uranium recovery technologies rather than
conventional open pit or underground mining techniques or in-situ leach solution mining technology (which is not suitable in Tallahassee for technical geological reasons).

The company claims that by employing the new technologies they can mine uranium economically, in an environmentally friendly manner, and expedite the regulatory permitting process. They propose to be in an active mining phase by 2016."

Point 6 from pg2; "It is TAC's position that UBHM is a non-conventional uranium milling activity and would require a source material Radioactive Material License in addition to a
Designated Mining Operation mining permit. Neither the NRC, the Colorado Department of Public
Health and Environment (CDPHE), nor the Colorado Division of Reclamation, Mining and Safety (DRMS) have made a regulatory determination as yet (December 2012)."

Point 3 from pg3; "Black Range insists that this process is "mining" and not source material processing ("uranium milling"). It bases its belief on peculiar wording in the definition of "ore" found in the Colorado Radiation Regulations, and thereby expecting to avoid the necessity of obtaining a source material Radioactive Material License. Federal regulations contradict this position and includes the "crushing" or "grinding", separation, screening, and concentration of uranium ore as beneficiation processes which are identified
as source material processing activities. TAC pointed out the contradiction between Colorado and Federal regulations to the manager of the Radiation Management Unit of CDPHE. After reviewing our documentation, he stated (in correspondence to TAC in October and November 2012) that "the process, if implemented as we now understand it, would result in the possession of source material and would, therefore, require a source material radioactive material license at a minimum"

There are several more pages of correspondence. I would urge you all to read it and take stock before you bet the farm.
What does your investment plan look like in the event it is determined that BLR need to have a SML......how much time to make that determination in the protracted administrative regime + 3-4yrs for the license application itself. Might end up being 4-5yrs before you earn a bean!