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: Chris A. who wrote ()	10/7/1996 11:32:00 AM
From: Robert	of 407

Christopher, as I mentioned last week, I looked at what John Kaiser had to say in his last news letter. He recommends selling blo into a September ralley. I'm not suggesting that he is negative on blo, since it is his end of year, when the "bottom fishing" portfolio that he suggests, is supposed to get restocked. Since we haven't seen a ralley in blo yet, this might mean (a) that it has not yet occurred, or (b) that it isn't going to occur in the short term. Of course, John is just hedging his whole portfolio, so that doesn't mean everyone should sell their portfolio, which has different objectives. BLO certainly is at "bottom feeding" prices right now. The luke2me broker that you mention: what does he say about BLO if you don't mind me asking. Best wishes, Robert

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