just a thought
posted on
Jan 24, 2011 10:05PM
When CLF acquired Freewest resources,It got it,s big chromite deposit for cheap.When they got Spider resources,they got a big chunk of prime real estate within the ring of fire as well.However,this piece of real estate is also half owned by KWG.That created an urgent need for CLF to pursue KWG as well.But things did not go well for them for KWG fought them tooth and nail for their own worth.Good for them.Now I got a theory regarding the belated committment by CLF to acquire the chrome deposit from PRB.Would it be possible that CLF also want our ring of fire package and are willing to wait for our gold projects to come into fruition so that PRB can spin off it,s black creek asset which they can buy. And PRB can then retain it,s numbers of shares and set a new share price which reflects the worth of their gold projects without having to raise money to creat new share or to consolidate shares through reverse split.
I wonder if it,s possible that PRB already had an agreement with CLF in regards to our projects in the ring of fire.PRB can option off the Tarmarek , Victiry,plus the mcfaulds west zones to CLF and have them pay us a fair price for the chrome deposit , and leave us to form a brand new gold company.That way,PRB does not have to worry about costs of exploring the Mcfaulds area but may reap the benefit if CLF find something there and CLF may become a major land holder at Mcfaulds Lake.Just a sweet thought.