Current compliant 43 101 has PRB with 8.4MM T of chromite..... Recent drilling will increase this substantually.... double??? triple the current resource.
The 8.4 MM tone value consistant with Cliffs FWR and SPQ price of $12.50 puts PRB value in the $3.00 per share range $100MM market cap I figure that Cliffs makes a move on PRB soon..... in the $3 to $5 range before this gets out of hand.
I figure the next news will be the Agnico Eagle royalty... this should add some more value to the stock on it`s anouncment