Solid foundations. New horizons.

Free
Message: Got a surprise in the mail this AM

One never knows when a surprise is going to come one's way.... I think something is in the works on the chromite.... Big push to get it drilled off, co operation with Cliffs and deal to get the chromite in the first place with NOT.... This to me says there was a plan and we haven't as yet seen the final piece that brings it all together.

The surprise I got today was totally unexpected and I believe PRB will provide just such a surprise as well.

Back in 2005 I did a PP in a private coal company, they have assets and test mining continually but got stalled for a while..... A few months ago I recieved an update that was very bleak.... In my mind I wrote it off.....Then sudenly out of the clear blue, with no comunication whatsoever comes an offing memorandum to purchase all the shares, for 400% over the last financing from Xstrata.... what a surprise!

Point being, Dave has been just too quiet on the chromite for too long.... if there was nothing happening he would be telling us there are other possabilities .... I figure the same will happen with PRB.... Offer for the chromite in the form of a spinoff plan of arrangment or something for the chromite @ $1.50 to $2.00 / spinoff share..... Or it could be some substantual cash into the company which will provide cash to advance Borden toward production Either way PRB shareholders will see some upside from the chromite that is now not refected as having any value in the share price. JMHO

Share
New Message
Please login to post a reply