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Message: Five hot stock picks from investment advisor Peter Besler - Mining Markets
Irish, great to hear from you, and thanks for the Bresler interview. Based on the articles' criteria and PRB recommendation reasoning I would expect a Agnico Eagle to purchase at least another 10% of PRB @ apprx current price +60%, representing "creeping takeover " price ($1.70x 1.6= $2.72= best case today) or worst case, the $2.10 early option price already in place when AE made its 10% aquisition a month or so ago. I think AE will not wait for the fall 43-101 updated resource estimate in the "fall/end of year", and anticipate the drill results of the 4 drills drilling since the April ice thaw on Bordon Lake. This is about 30 -ish holes drilled which is about the drill-hole quota that Dave releases a new batch of drill results . IMO, AE already knows these results due to its 10% plus sh status, and will want to consolidate/early-up its "creeping takeover " before some other company descides to compete the sp higher to $2.72+ per share figure outlined in the Bresler article. IMO, thinking out loud. Peter
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