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Message: Re: Lakeshore JV
2
May 04, 2011 11:35PM
2
May 04, 2011 11:54PM

<<<Am I mistaken or didn't Lakeshore agree to drill the alteration in the first quarter of 2011?>>>

Yeah, right, with a planned MASSIVE 500m (!!!) drill ´program´ !

That is the real downside with PRB: we had more than one very good prospect but where would we be without the ´lucky shot´Borden Lake ?

Chromite ? Nobody wants it (at the moment).

LSG JV ? These guys are ´playing ball´with us now ! Given away too easy !

Royalties ? If we´re lucky, we see some cash (and I don´t mean millions of $) in 5 years time, at the earliest !

And on top we get massive dilution with a big jump to 72M shares fd !

I hope Borden will give us some reward.

FANTOMAS

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May 05, 2011 06:39AM
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May 05, 2011 09:27AM
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May 05, 2011 09:45AM
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