Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Re: Great discussion here today - SP Manipulation and Class Action
5
Jul 12, 2012 05:56PM
1
Jul 12, 2012 07:13PM

Lethal,

Here is something to make you happier. The PSU folks (55 shareholders) with 13%+OS of PRB (PRB board) were thinking about a class action pro bono (us, small investors don't have the money to pay lawyers), but some law firm may want some publicity and a potentially significant cut in the award. Financial institutions have not give PRB a decent valuation. PRB has high quality chromite at McFaulds and lots of gold, millions oz, at Borden, but the company valuations are pathetic, just like some juniors we know.

http://agoracom.com/ir/probemines/forums/discussion/topics/538032-re-canadian-regulators/messages/1698988#message

This is about market manipulation to depress the SP (for a cheap buy-out?). Not sure how we could apply this to our case. Haven't got the time to figure this out, yet. Anyone?

goldhunter

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