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Message: Is Anyone Out There?

I think the  smart money  is  actually   loading up the  beef  here....

I have  been  picking  away  for several weeks.. Tha  Kaiser   report   added additional  confidence  for  my  decission to   accumulate.... couple this   with the info   from  PRB on the   website downloads .

 PRD has  several  targets  immediately to the  North of the  discovery  holes... I have been  told that Nemis  approached  mang of  PRB wanted to  Jv  these properties  back in August.

 

One  never  knows untill  it is  drilled..... PRB   could be  a huge  winner  of  a  dud..... Thems the  breaks...

I suggested  to  PRB  managment  they  get  back to Nemis  and  offer this:  Sell the  3  blocks to  NOT  for   10 Milion  NOT  shares....

These could be  dividended  out  to  PRB  share holders  on a  1 for 5  basis.... PRB  would  retain the  balance.....

 

WHY   would  NOT  want  to  do this?

 This  is a  stratigic  property  located  immediatley to the  north of the  deposit..... Timing  could  not be  more  perfect...JMHO

 

There  would be  mutual benifit   from all parties  concerned.... Takes the   risk out  of  PRB  and has the  added  benifit  of exposure to  NOT  play....... Not   has the   posible  northern extension   covered.....  Is it  worth the   added  dilution to   secure  this  potential extension..... I  think  so...jmho

 

If  PRB  hits   the  stock  price  will  mimic  a portion  of NOT's   market cap,  and  with the  small  float of  PRB  that translates into  a  huge   gap up....

 

On the  other  hand if   they  miss..... Well thats the  risk reward  profile right  now.

 

Certainly  making a   stock  trade  for these  key  properties  would  remove  risk  on  all  parties  involved....JMHO 

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Also  detail on  hole  3... "undercut the deposit "

 

"Hole NOT-07-03 and NOT-07-04 were positioned 100 metres to the northeast and southwest of the first two holes respectively. These holes failed to intersect the mineralized zone and were in granodiorite for the entire length. These two holes were designed to test the northeastern and southwestern extension of the electromagnetic and magnetically rendered anomaly. It has been interpreted, from the existing geophysics and geological observations, that these holes respectively undercut and overcut the mineralized zone observed in the first two holes. New grid lines have now been cut, oriented in two directions normal to each other, where detailed ground magnetic and horizontal-loop electromagnetic surveys are under way. In addition, Misse a la Masse (MALM) borehole and surface surveys are under way to provide 3-D mapping of this occurrence, results of which will be used to facilitate a more detailed interpretation of the sulphide target."

 

and:

 

As stated earlier (reported in Stockwatch on Sept. 19, 2007) additional holes have been completed on the Double Eagle project. Hole NOT-07-03 and NOT-07-04 were positioned 100 metres to the northeast and southwest of the first two holes, respectively. These holes failed to intersect the mineralized zone and were in granodiorite for the entire length. These two holes were designed to test near surface, the northeastern and southwestern extension of the electromagnetic and magnetically rendered anomaly. Possible strike extensions to the mineralized zone are being determined from current geophysical surveying.

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