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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: Cory who wrote (128)3/2/1997 7:22:00 AM
From: tanoose   of 407
 
Hello Cory;

There are many situations when a placement is done at a lower price, this should not cause the price to drop.They do have a program getting underway as well, and their property's offer a lot of promise.

Now as for Yorkton buying up the placement(very positive) and from what I understand, BLO already had plenty of cash available, makes you wonder why Yorkton wanted in, would deffinetly help position them for any underwritings that may occurr later.

Also "Yorkton" has an uncanny abillity to sniff out the good plays early, I was already in long before this, so this only confirms what I already feel for BLO.

With regards,Frank
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