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Message: PRB vs FNC - Old Joe - Crazy

x11
Nov 15, 2007 08:19AM
2
Nov 17, 2007 03:22PM

NOT agrueing at all!!!

Merely building on your good post.

If you look at the area mape you will see that PROBE MINES (PRB) has ~ 16 times more very prospective property in the greater area as compared to what fnc has.

16 times more very prospective property is 16 times better in my books.

Now, you need to add the 5% Gold Royalty to this and what look like reasonablly good U308 prospects elsewere to this as very good fallback.

The result: On a RISK to REWARD ratio, which would you prefer? answering this simple question could be of help with respect to your sense of security and peace of mind, assuming you have more than 10-15% of your investment portfolio invested in the area plays.

I know it helps me and I have less than 20% in area plays and only ~ 25% of that on PRB at the moment. I will move that % up to ~ 35-40 by the start of 2008 if the drilling on DE continues in the direction(s) it presently appears to be headed in!

Presently this portfolio has ~ 80% in NOT.


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Nov 18, 2007 05:12AM

Nov 19, 2007 04:57AM

Nov 19, 2007 08:39AM
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