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Gold/Mining/Energy : New Blue Ribbon Resources Ltd (NBL.V was BLO)
NBL 8.4600.0%Oct 6 5:00 PM EST

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To: Laser who wrote (152)5/2/1997 4:07:00 PM
From: GWalker   of 407
 
The latest that I have heard is that BLO will be putting out a release to have the 500K share distribution of Waverley retracted. It looks like Waverley only intends to reduce their exposure by 67,000 shares (not 500,000).

This should help keep the share price from falling to ridiculous levels.

We may hear the first results from EXN as soon as Monday. BLO has promised us shareholders that they will get their act togther and work closer on this one in terms of putting out News Releases.

Hopefully this side show will give us the jump start we need, cause things are really starting to heat up in Suriname (as witnessed by Canarc)

Later,

Graham
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