Member Info for amadan

I have had exactly the same reply in response to my request for guidance as to likely timescale for information release. The moral of the story, for the present, appears to be that we put up with very long periods with no information or get out of this stock ? Having said that I find it hard to believe that a company has to behave as if it is gagged the whole time - it defies logic.

Communication is 2-way !

beatthespread: you might get more satisfaction phoning BLR rather than waiting for the AGM. If you hear anything positive or negative don't forget to let us know !

BLR has a load of cash and assets and potential. The management does not do justice to the share price through failure to attempt a modicum of updates or answering e-mails. I suspect this is a learning issue on their part ! It will be one month tomorrow since the last announcement. Anything positive from hereon in should justify a doubling of share price by any conservative criteria ! Don't dump yet no matter how tempting it may seem.

I think your opinion is the most likely scenario. Can't believe I failed to spot the two 50k buys yesterday - it cheers me up to see that such interest still exists in BLR !

late reported 100,000 sale is my guess

Thinking of buying 5,000 Rio Tinto - got any views ? or is there another FTSE company I should go for instead ?

P.S. Can I have some of whatever you are on ? I'm glad of your reassurance about BLR being a sound investment. I've been hearing b-flat every time I have tried to tune in recently but am hoping for c-sharp soon ! Oilay !!!!! P.P.S. must meet for a barrel when BLR hits £5.00

Hi BTSpread Fascinating to see your posts on this site. Its incredibly amazing to see your ability at picking winners and am so gratelful that you find the time to share it like on the BLR postings. Please let me know what shares you are going to refer to next ! Very many thanks. I value your insideight.

thanks for that Alfa. I'm still a gross amateur when it comes to a company like BLR, got into it on the basis of sentiment and hype and have had numerous stomach churning moments prior to reaching a current state of semi-resignation.

On review of ADVFN postings I'm beginning to think we may have to wait until the AGM for news. As this year's was held in January the next will presumably be held before end of February 2008. I hope I am not presuming too much.

Anyone got any thoughts/knowledge on what is happening on the news front ?

I suspect a lot of these sells are those who bought the 11 million and I can't blame them for running out of patience even though as far as we are aware there aren't grounds to sell !!

I understand rules have changed very recently about notification, therefore I wonder if Barclays etc have divested themselves of their entire holdings. Nice to hear from you beatthespread. My understanding of aim rules is that the directors are not permitted to hold on to price sensitive news. Obviously rules are not always adhered to,either AIM rules or the commitments BLR make to issue news.

Have you left us/sold out beatthespread ? Your unique insights are missed !

I find that buy of 833,333 reassuring. It may well of course be a pure gamble as I have done.

Reassuring words ! My concept of patience in this context is that of an extreme sport for which I need to increase my level of mental fitness and learn that 3 months is not the limit of my patience ! I did have a brief forray into exploration stocks about 10 years ago (Emerald Energy, Dragon, Dana). If I had left the money sit...........

I agree with Alfa in that the facts at this point in time are different, yet can understand the negative sentiments put forward by those who have had experience of the share for longer than I have (two months).

that makes sense thank you

Does anyone else have the feeling that recent investors in the 11 million shares are gagging to rid themselves of the shares for a quick profit and that the private investors are holding rather than buying - hence the slow recovery in the share price ?