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: Cory who wrote (128)	3/2/1997 12:47:00 PM
From: Laser	of 407

Cory, Very good post and a question that all potential BLO shareholders should be considering while doing their due-dilly. I've followed this Co. for over a year and bought in a few months ago just to let everyone know my position. Originaly I was quite enthused about the prospects of BLO and to some extent, I still am. The property is still there with some good people on board. What does concern me greatly at this point, are these large blocks of cheap paper. Unless they've piddled away the $900k that was originaly raised, which I doubt, further pp's should be done at higher share prices as the work program progresses. This results in much less dilution. I still believe in the potential of the property, but the dilution factor has changed this from a long term hold, to a short term spec play from my standpoint. Anyways, that's my opinion for what it's worth. Best of luck to all shareholders. Leonard

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