Outlook
Well, This is nice to come back to I was on vacation.
PRB has it in the cards for sure.......
If the first drill results are positive (nose / fold) PRB will get crazy quick.
Don't be surprised to see a stink bid in the $ 4.00-5.00 range from a major like Agnico Eagle.
Especially, Agnico Eagle.....a purchase would absolve them of their NSR obligation. They could have significant obligation down the road if gold stays in the $ 1,500 - 2,000 range.
They have another 17,000 metres of strike length.
If 1/2 is good we are looking at significant gold.
I will hold on.....and buy more below two bucks this is a no brainer.
Next Stop > 2.70 for 20 consecutive days....another 14 million in the bank.
If the drill hits gold....then drill 100 metre spacing and worry about filling in for a 43-101 later.
Let's see how big this puppy is !!
GLTA