Money ...

Well, were are in a stalemate on this one. 26 million sounds to me like they are waiting on preliminary assays back....from maybe potentially east limb ? Don't know but maybe.

Can test on site send to lab to confirm...and find a group to invest...just say look...here is the deal....we think we have another area....but will only drill with flow through.

Confirm results....drill in the new area east limb and wait it out just like the Chromite...only this time PRB is 100 % owner at say........old Ava Claire ( just a guess )

Ramp...?

This sounds good except for one item. Any spend at all in the high grade zone will require financial input from the 50 % JV partner. If Dave P goes ahead and builds a ramp...with my already diluted share position...I won't be happy. He will need 50 / 50 funding to continue to what is perceived as pre-mine development. So force the issue...we need 26 million from you folks to match existing funds...don't worry we'll be cost effective with your share. Or.....here is some shares 15 million and a 2 % NSR better hope this becomes a mine.

Once it's done, if it's done... I see 4-5 bucks...and another 20 million share finance..to give them 100+ million. They will need this to be looked at seriously..especially if Dave P ...is going to mine it himself.

Ramp for continued exploration will also take out some ounces along the way...say 6 metres wide x 200 metres on the hypotenuse...20,000 to 30,000 ounces ? or more.

So I am pretty sure PRB would have first right of refusal on land purchase...shouldn't have drilled without it ?

total of around 50,000,000 in the kitty....

~26 Fettered to drilling

~24 unfetterred land purchase or other.

Either way...patience is a good thing. Gold is ramping up and we will see a stellar Q4 with Gold approaching 1400-1500....look at how much is crossing through the Shanghai exchange. I had to look at this myself...couldn't believe it . Almost doesn't make sense...looks to be 4500 tons this year of delivered gold physical that cannot go back through the exchange.

China telling everyone our demand is down...but gobbling up Gold like their is no tomorrow ( may be no tomorrow if U.S. and Russia start to square off )

The one thing you can bank on is PRB hitting new highs ....beyond the $ 3.10....these folks are looking for a triple or Quadruple...not looking for 5 % ...

PRB will be a mine....it will develop or sell...the groups investing in it already know this. Current market forces Price of gold, land position are preventing the rise to 4- 5 bucks.

I see the PEA coming mid 2015...after a lot of information is released.

I could be wrong...Monday 30 above outside....and I have all week to sit and ponder.

Best of luck

Wealth does not pass through 3 generations!

You bring the Shovel I'll bring the Lime...

Till next week

Captain time.