Absolutely, I follow the physical markets like Shanghei Gold Exchange and listen to people like Sprott....true their is a 50:50 view on the topic. Comex is contract and paper backed by gold. If gold explodes people will find a reason...if it falls they will find a different reason. I think Goldman was trying to do fractional banking on gold...lend the bar out 30 times over suggesting no more than 3 % of the people would ever cash out all at once. The Fed stepped in and said no can do ! I think i got that right.

This is always after the fact......I like it when gold doesn't move up or down....all the experts start scurrying around like mice ....and find glimmers of their own reasoning.

Me, I am convinced Gold will rise...just based on new indian government and china.

Also, the U.S. dollar is falling out of favour in some jurisdictions....maybe the middle east will demand gold for oil ?........just so they can pay Germany back. Germany wasn't even allowed to "view" their own gold.

I think the gold stores are very low....! Just an opinion.

Thats okay PRB will continue to prove up ounces. If they finance again and put another 70-80 million in the coffers they will be that much more attractive. Maybe they will monetize the Chromite...I wonder if the environmental impact study on the area suggested mining start at surface ( Probes Property ) Hmmm, I wonder ? Might be confidential document that is in Cliff's hands. That would force them to start at PRB!!

Probe is in a good area...but a mine is several years away regardless of who buys them.

Could be quick 5,6,7,8 or somewhere in the middle.

Typical buyout 5 % of total resource in a busy sector. 3 % of total resource in slow times.

so Market Cap 350 to 800 million depends on who is in a goood mood that day.

I could be wrong...but I have time.