SS

Yes, for the most part they are in blackout awaiting drill results etc (during financial transaction too).

Basically, needs to hit 1.30 for sure...all the rest is still a game.

Currently :

• All 100 % owned land holdings are expandable in all directions
• More spec drilling now that geo technical studies are in
• need ot spend about 6-7 million on Cadillac east and all that Geo I believe is being reviewed for targets.  Already got 60 % need to prove up a resource etc to get to 70 % owenrship.  Can always sell to a streaming company to recoup costs and get a little extra for drilling without diluting the float.
• Osisko Royalties will be watching closely as PRB expands Cadillac east ( since the original agreement was with AZX whcih is now 03 mining a research arm of Osisko

Overall, very pleased with the silence.   When you talk to Dave P or the Board folks you can always ask if they are on Blackout !

I no longer see 5 bucks unless East and North Garden Fault is a new discovery with good grades.

3-4 is reasonable 20,000,000 bucks is a good program 150,000 - 180,000 metres...should get into the 4.5 million ounce + range by next October.

We will see what new drilling finds as this will push PRB to the next level.  Expeansion of exisinting resource help...but don't add excitment !

Good luck

You bring the shovel, I'll bring the lime !

Captain Time