New Blue Ribbon Resources Ltd (NBL.V was BLO) Message Board

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Gold/Mining/Energy : New Blue Ribbon Resources Ltd (NBL.V was BLO)

NBL 8.460

0.0%

Oct 6 5:00 PM EST

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To: Bobby Yellin who wrote (153)	4/27/1997 11:58:00 AM
From: Laser	of 407

Bobby, Thanks for the post. I would assume that Waverly would wait until the share price improves; then sell into the market in an orderly fashion, but stranger things have happened. Only problem is if yorkton is still holding a lot of paper, then we get a double wammy. I still maintain that the financings should have been done in stages rather than raising 900k @ the .20-.30 or so area. If BLO needed the full amount right away then that's fine, but I don't think they did. Just my opinion. Let us know what you find out Monday if you don't mind. Best of luck to all. Leonard

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