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Gold/Mining/Energy : New Blue Ribbon Resources Ltd (NBL.V was BLO) -- Ignore unavailable to you. Want to Upgrade?

To: Chris A. who wrote (100)	1/30/1997 7:17:00 PM
From: GWalker	Respond to of 407

Good to hear from you Chris, You should really like Robert's package as it is not specifically about Blue Ribbon but the Suriname mining industry in general and GSR and Cambior's (I think it was Cambior!?) activities. It is very detailed (ie - very dry) reading, but is interesting none the less. The rally (although it has termpered today) really is a result of the private placement and the small buzz that seems to be begining to surface about Blue Ribbon and the area. Blue is and should continue to benefit from the bigger companies at play in the area. Currently BLO is cheapest way to play Suriname and this fact obviuosly interests speculators and aggressive investors. It is said that this rally is happening on its own without any inside support. In fact, insiders have been selling a bit into the market (which pisses the hell out of me) but now that the stock is back to 0.37, we should be expecting them to load up again - Don't expect those two small releases I mentioned before things are just too busy in Suriname to bother with that now. - Everything is currently on track for the comprehensive release by the second week in February. - The goal now for the company is to get the share price up to the $0.49-$0.51 cent level (before the release) in order to get the outstanding warrants excercised. There is approx 3,000,000 available, so this could net them up to another $750,000 which should double the amount of funds available for exploration. - Slightly longer term (very early in the spring) expect (if all goes well) the share price to hit the $0.75 level ready for another private placement... - Why this is...brings me to a very important (although personal) point. Finally, people are injecting bits of info into this thread. What I'm talking about is the conversation with Jack that Dan Wynn had on 12/30 (by the way Dan, you certainly need not call me "Mr." we are all friends here). In my talk with Martyn he said that they are getting serious interest from another mining company but the plan is to stay on their own (No J.V. sorry Chris). BLO feels they have the team (financial as well as technical) and they have some good land and can work this play without help. This is obviously different thinking that was provided by Jack to Dan. My question is, Does Jack still hold this attitude or has it been changed. This really is something that we as stakeholders need to figure out. I don't like two different stories being out there about something as important as "to JV or not to JV". Take what you will from what I say or better yet make a call or two and probe these points, in order to add any comments and get the discussion rolling. I won't hold back, Chris, so long as everyone else start adding their facts and insight. Your posts are always good for some interesting news. Good luck to all... Yours Graham