BLR - Black Range Minerals

[surfingman]

I had a bit of a look at this one last night:

The Cannon City Mill is on standby and currently not producing (the closest mill to Taylor Ranch as stated in yesterdays JORC), the company that owns the mill is Cotter Corporation that was brought out in 2005 by General Atomics.
Check out the website its well worth a good look into what GA do….
http://www.ga.com/index.php

Some other interesting sites on Uranium in the US.
http://www.eia.doe.gov/cneaf/nuclear/dupr/qupd.html
http://www.nrc.gov/reading-rm/doc-collections/fact-sheets/mill-tailings.html

It all comes down to what the Cotter Corporation is going to charge to extract the U, correct me if i am wrong but Cotter originally was in a JV for the Taylor Ranch Project with Cameco, couldn't find out why they pulled out but haven't put too much time into it, may be worth a look for a long term hold.

Short term maybe Kennas could help but I am guessing the gap should be filled technically???? from yesterdays open

I dont hold but I will be looking for an entry in the near term after more research.

 

[powerkoala]

well, what do we have here?
yesterday, increase 100%+ in tonnages, then sp fly to 24c.
today, back to where it started.

what is really going on with our market?
1) uranium stocks are completely dead?
2) market so jitters, just gimme back my money?
3) ppl bought without knowing what they are buying?

i am confused as hell right now.. any opinion guys?

 

[ellehcim]

Ann out:

New deposit "Boyer" at Taylor Ranch, plans to JORC by end 2007.

Continuing drilling at other deposits at TR - on track to JORC to 60 million pounds uranium by end 2007. Currently doing scoping study.

Update on Cyclone Rim - to complete drilling within fortnight, then to calculate JORC.

Update on Ferris Haggerty - continuing drilling for next 2-3 months, will release results at end.

 

[YOUNG_TRADER]

My only issue with BLR's deposits is the depth!

Have a look at the recent ann, the mineralisation is so deep

Most of the hits are 150m's to 300m's underground,

That means an underground mine will be required to get the ore and at those grades and such depth I can't see it being economic,

Give me high grade near surface ore any day

 

[tigerboi]

this stock seems to have gone unnoticed today,up over 20% on very heavy buying late in particular one buy of 1.4ml @ 0.170,with the market re-rating uranium stocks BLR looks set for a craker of a day tomorrow,any thoughts previous blr posters?

 

[Sharestruck]

I'm a novice, holding in there. Used to be optimistic but this has slided along with the market. Any thoughts on recent pricing?

 

[Gurgler]

When will we find a bottom?

BLR is drifting so much that I've been forced to pick it in the tipping comp. for Dec. I've followed this stock through the previous growth period earlier this year and still see enough in them to consider re-entry. Am I alone here?

Let's hope some recovery will happen soon.

 

[Jimminy]

When will we find a bottom?

BLR is drifting so much that I've been forced to pick it in the tipping comp. for Dec. I've followed this stock through the previous growth period earlier this year and still see enough in them to consider re-entry. Am I alone here?

Let's hope some recovery will happen soon.

I think you are alone. I made plenty on BLR earlier in the year. But those grades and depths are pathetic. See it for what it is - Haynes & co. are now throwing good money after bad.

 

[Trader Paul]

Hi folks,

BLR ... expecting news, as a positive cycle comes into play,
later this week:

3011-03122007 ... positive news expected

14-20122007 ... may be strong on the back of minor news???

28-31122007 ... positive aspect ... finance-related???

happy days

paul




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[Mousie]

Pretty accurate so far Paul, positive news are out nicely. Scored some oppies this arvo on a nice chart and favourable peer comparison basis.

 

[Black Range]

BLR IMO is an absolute bargain & Highly underrated Uranium Explorer.

Just to add some more fuel to the fire, current BLR Inferred Resource of 80 Mill P/Lbs at Taylor Ranch is currently valued within Todays Market Share Price at a crazy, " Wait For It " 78cents per p/Lb.

When you look at what BLR Management have been able to accomplish since attaining the Taylor Ranch Tenements back in Nov 2006 from memory, Haynes & Scott have done an Incredible Job with as yet little reward, so for goodness sake BLR Downrampers give credit where credits due.

If anyone else can find a Uranium Stock thats currently Trading at these absurd Low prices, Then let Me Know !!!

Market Cap/Inferred 80Mill P/Lb Resource """ equates to 78cents Per P/Lb """ Current U3O8 Spot Price $89/$90 P/Lb.

Plus $13.6 Mill Cash In Bank

Cheers from grant64

Just My 2nd post on BLR for 2008, and still its a Buy & Hold for me
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[trader]

Share price starting to move up 11% at the moment and quarterly ann
due any time with maybe some good news attached.

 

[amazme]

Bit of movement on this one today. Volume building aswell. Nothing to announce. Maybe something in the next few days...

 

[exgeo]

It's not just this one, it's all the uranium's, with a project and some cash. They are all starting to recover/stop falling. I include in this basket, UKL, CTS, AGS, EME, GBE, SMM and TOE, all of which I hold. Have a look at the Canadians too. They are recovering quite strongly (Laramide, Mega, DML, Tournigan etc) and are leading the Aussies.

 

[amazme]

http://www.asx.com.au/asxpdf/20080403/pdf/318cq9yclwdj75.pdf

Lost 1 full cent today from this release. Doesnt appear to be bad news and lots of volume aswell...Im confused

 

[tydec]

http://www.asx.com.au/asxpdf/20080403/pdf/318cq9yclwdj75.pdf

Lost 1 full cent today from this release. Doesnt appear to be bad news and lots of volume aswell...Im confused

27th of may will be the day blr share price will become much clearer. fremount commissioners vote for go ahead or not on taylors ranch uranium project. from a legal point view it will be hard to stop blr, they have fed and state permits already but you never know

 

[Black Range]

BLR, Currently Up 20%

For those unfamiliar with the happenings of Black Range Minerals.
Current Risk to Reward is extremely Excellent, but DYOR
And Remember DYL's Leon Pretorius has just recently Purshased a stake in BLR.... again thanks glenso.



TAYLOR RANCH URANIUM PROJECT

Scoping study to develop the 100% owned Taylor Ranch
Uranium Project completed Targeting development of a 1Mtpa underground mining operation Targeting construction of a conventional acid leach processing plant Targeting production of 2.2Mlbs U3O8 per annum.

Cash cost of production estimated to be ~US$34/lb U3O8
Initial capital cost of development estimated to be -US$160 million Targeting mine life of 8+ years, with considerable
exploration upside Permitting in progress for further infill and extensional drilling.

Fremont County Board of Commissioners to meet on May
27 for final stage of approval of drilling permit application.


___________________________________________________________________________


ACQUISITION OF KEOTA URANIUM PROJECT

100% interest in mineral leases covering ~2,750 acres secured at the Keota Uranium Project in Colorado, USA
Considerable uranium mineralisation delineated in the Keota district in the 1970-80's In-situ recovery operation previously permitted & Approximately 500 holes drilled on the Company's leases previously.

Permitting in progress for maiden drilling program.



CORPORATE
Cash reserves of approximately $12.4 million at end of the


Hope This Assists those still accessing Black Range Minerals.
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Cheers to all BLRers from grant64

Current Uranium Holds at present PDN DYL AGS BLR SNU & TSX Listed MGA
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Here's some recent Pics from BLRs newly acquired Keota Tenements
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[franga28]

Up 24% today with no announcements.
Has been up the last 5 days straight.
Looks like momentum is building around this one.
Lets hope we get a good announcement v soon.

 

[chrissyoscar]

I jumped on this one today and was more than happy with the strong finish.
If the news is good at the end of the month who knows what it'll do.

 

[Gurgler]

One wonders whether this sort of movement represents positive sentiment, regained trust or just a leak of information!

27 May is still two weeks away. Any other conspiracy theories?