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Message: My Theory

Some interesting musings. Certainly the 43-101 resource estimate will help value the Black Creek chromite property. Personally, I wouldn't negotiate until the drilling program near Eagle's Nest is completed and assayed. IMO, the delay is due to them (PRB/NOT) wanting to make sure the targets and drilling depth are as "in the bag" as they can be. The last attempt to drill didn't go deep enough and PRB, in now working with NOT, has much more knowledge and data to get this one right. From what I've heard NOT has been very cooperative so far in working with PRB.

I still believe the "feeder" for Eagle's Nest originates on the JV property and selling this prior to drilling would be foolish. I am open as a shareholder to selling, but not blindly and only if the price is right.

Speaking of price, does anybody have an educated guess as to the $ value these ROF properties might fetch?

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