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 (39)	10/16/1996 10:37:00 PM
From: Robert van Mil	of 407

Christopher, As far as hitting bedrock is concerned, I don't think there is much difference out of a geological point of view. It is cheaper to drop down a shaft into bedrock as you don't need to enforce it as much , so mining cost could go down a bit. The news release holds a bit of promise, but don't you think the financial shape the company is in is a problem? They need a partner for this venture , and soon. However that is just my opinion , and I must say I have not done any extensive amount of research. At C$0.28 it is hard to envision a pressrelease like this could hurt. Good luck , I am going to keep an eye on this one , certainly with some good moves from management it looks like it could turn into something. All the best, Robert

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