"who is prepared to pay a 15% premium for so few shares."...

PP was flow-through shares... i.e. major tax advantages... after-tax price paid for these shares is well below 50 cents...

I don't like the PP but unfortunately that's what junior explorers have to do... I like that National is involved... they were big buyers of previous big PP... likely some payback for them here...

I still say now that they have major cash coming to finance exploration in 2010... let's hear what they are going to spend the rest of the money on... they did not absolutely 'need' this money... they must have a purpose in mind besides obvious internal BG exploration...

red911