posted on
May 01, 2014 08:50AM
Got the scotia report and he has the numbers of accumulated ounces wrong. A lot of analysts have no shares and therefor no vested interest.
I am not buying or selling (I was in pretty low) fortunate for me.
PRB has
1) 4.3 million pit constrained ounce open pit.
2). 43-101 up coming total up the find so far.
3). REC lots to explore
4). Entire east limb ( can send a drill over for some exploratory work
5) more land to acquire
6). Chromite to monetize maybe is 5 years maybe
7). Close to infrastructure no camps required. A big boom in Chapleau.
8) great metallurgy > 96 % recovery rates.
9) AEG interest
Need to complete a financing 25 million shares at 3.50 to 4.00 with a half warrant at 4.5. Or something like that.
This will give them 3 to 4 years to ride out the gold storm and get taken over.
Probably have around 10,000,000 ounce inferred and prove combined.
Just an opinion.
I am putting in my coke and a giant wedge of lime why ...because I am captain time.