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 (21)	10/7/1996 10:48:00 PM
From: Chris A.	of 407

Robert, Luke Toomey (John Crowley) feels that a lot hinges on a JV partner for BLO. Their balance sheet indicates they don't have a lot of cash to continue exploration. It seems they may have enough to get them through the end of the year. This is Luke's only cause of concern. Much is going to depend on the upcoming assays this week. If they are good, BLO should be able to get Homestake to come on board. There have even been rumors that Bema is considering them. The closeology play to Golden Star and the Dachine diamond find will help alot also. Right now, its speculative to jump on board, but of course offers the greatest returns.

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