What to do Now
posted on
Apr 30, 2012 09:53AM
We need a five-pronged approach --
1. Continue to increase reserves - Dave has this covered.
2. Bring in new shareholders - I believe mgmt should go with concise ads in selected high-profile pubs -
Major new confirmed (NI 43-101) find - 5.8M oz
Cash rich (32M), No Debt
Main strike open in all directions with multiple new targets (direct to website - where discuss PRB-REC JV)
3. Jennings estimate (5.25)
4. Update NR , but also state the following --Gold analysts are aware of a disturbing trend whereby select trading houses have engaged in a predatory pattern of circular trading artificially depressing shares of many junior gold explorers - PRB mgmt is monitoring daily trading activity in PRB and will report to OSC as events develop.
5. Shareholder tally as suggested by Goldhunter.
WB