I think we should see the continuety of the deposit to be described in an update.

I did some back of the envelope calc and the original holes indicate approx 200k to 300K oz in a very loose calc. It is possible that the next round of drilling could define 1 million oz especially if the grade is better at depth and the holes are drilled deeper.

With only a few holes drilled it is also entirely possible that some higher grade intersections may be encounntered within the deposit. It is only when 50 to 100 holes have been completed that the statistical average grade will be show.... and that will be higher than the present.... Higher grades within a deposit rarely show up within a small sampling of holes. Borden will be very interesting as we go forward.

I bet these games are being played with the share price with the intent of making funds availible .... willingly or not... I think PRB share price is being groomed for a financing. There couldn't be a better time for that AEM royalty to arrive!

OR

There could be another financing alternative other than brookered and that is to allow LSG or AEM to buy into PRB via a PP at a premium price. Rather than doing a JV this would be less dilutive for the upside and these shares would not likely enter the market. I'd suggest an offer to either of them for $5,000,000 @ $2.50 / share with a $5.00 wt for 1 year. This could potentially provide $15,000,000 to finance an aggressive drilling program and only dilute the company 4 million shares if the wts are exercised.

With such a deal should either company wish to take a run at PRB they would allready be a significant shareholder.... but not a majority shareholder.

This is what I would consider a premium oportunity considering the AEM royalty and the LSG JV with which it is difficult to motivate the larger company in the best intrest of PRB. I would make this offer only once and with only a short time frame to exicute.... Lets say 30 day offer.

JMHO