Hello Mark,
Just a few comments for your interesting tidbits,
- Enough cash in the bank to carry out some decent drilling, perhaps enough to push the resource towards the magic 10 M oz Au.
- Implication for the high grades in the composites (1.6 and 4.2%), anyone has some idea what this means?
- Additional cash for the kitty: It looks like approx $2M could be raised from the options with exercise price below $1.00....and a good chunk (~$10M) could be available before April 2013, if those at 1.70 and 1.35 prices are exercised. Hope that PRB SP could get to the $2.00 level before year end, so that PRB does not need to negotiate financing with bad bankers (we know at least one of them).
goldhunter