Re: Big Deal
in response to
by
posted on
Nov 01, 2011 05:24PM
Totally agrre with except for one point. PRB does not need the money at the moment. Will likely have 50 plus million in the bank very shortly. That's enough to drill Borden for a long time. Actual development of the Borden Lake area is still a ways off. Would really like to see some movement in the ROF with regard to infrastructure etc. That just elevates the price of the Probe holdings. Let the other guys do the work up there and sell when the time for more money is needed. It will be far more valuable.