Snoek,
Excellent reporting! Thanks.
Presumably Dave talked about potential take-over of "Borden Gold" only (i.e. the current deposit including the HGZ up and including the land deal..to make it more attractive to a potential suiter) and the rest would stay with PRB (and us shareholders). I would not mind getting half the "loot" as dividend, and the rest can stay in the new PRB for Dave to play with.
$6/s for "Borden Gold" is a bit low. $6x75M (I have not checked the OS) = $450M, then divided by say a potential of 8-10Moz would give the price range $45-56/oz. This may be considered as reasonable with the current depressed POG, but not when POG goes beyond $1500/oz?
goldhunter