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: Robert who wrote (17)	10/4/1996 10:03:00 PM
From: Chris A.	of 407

Robert, I love the stories of the small, ignored exploration company that turns out to be sitting on something decent. Right now BLO fits that bill. Their share price certainly is right. And with drilling on the Dijon concession coming out next week (per IR), things could start to happen very quickly. They had a news release this week stating the samples were in the labs, waiting for assay. The drilling wasn't that substantial, so it is reasonable the results will be out next week. Whats nice about it is that the share price doesn't have any expectation for Dijon built into it. The downside is limited. The only problem is that its thinly traded. Not so good if you want to dump your stock quick. Remember that both Teck and Homestake are waiting to jump in as a JV partner if Dijon looks good. We'll see...

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