Thanks for all good posts, I was looking for some information and came to this post from SH Board:

Just do the math

Chromite Say 150,000,000
Borden ????
Goldex Royalty Say 8-10,000,000 or more....

Alteration........given mag survery is identical and only 600 metres away. I agree drill and find out. I speculate that it holds a pile of gold why, LSG is refusing to move forward and drill.........and the reason is "they" know that their is 400,000 to 800,000 ounces.........net 400 an ounce. Actual mine is only 800 metres away....you tell me.

$ 400 x say 600,000 = $ 240,000,000.......... but only if they drill....and so far LSG will not drill..

LSG will not drill because because they just want to tie it up.......they own 55 %

LSG has no reason to drill unless they have not fulfilled their commitment.....PRB needs to force the issue.

If they do drill..........PRB easy 6+ bucks....................

Cliffs needs to bid....or LSG needs to get off the pot and make a 3 or 4 for 1 share offer....

Regardless, if people hold on we will see 14-20 bucks a share. But only if people hold and most won't!!!

Reality.......... we will see 6-7 bucks because most likely the Alteration will not get drilled. The alteration will get lost in the mix. LSG doesn't want it drilled......they don't want PRB to go up. All Lakeshore want so to do is to tie up the Alteration and we may have to live with it.

If Cliffs makes an offer they won't want the gold properties. So if LSG makes an offer (they make a side deal for the Chromite for say 125,000,000 get cliffs to agree to pay) and offer whatever the gold is worth.

The total will be at least a minimum of $ 225,000,000 regardless..........and 225/36 = $ 6.25 / share


Just my thoughts and I have held prb for a long time. I only need 4 bucks.........but I hope that others, including me

and you ,BCcasino, see at least 12.50 as this is likely to represent the true value of all assets.

GLTA

Got to go back to work and concentrate.

e-mail me if you need further

Well, so many speculation but if this is the trouth then we should see this stock double, triple in no time, nobody wants PRB with strong sp, I think that take over offer is coming rather sooner than later, time to buy PRB! Looking for great days ahead!

GLTA!