RE: RE: drilling
Yes...4 drills 3 in the fold / nose....1 in-fill drilling.
1 more scheduled after Christmas Break....
Lab has limited backlog so we should something any day now ?
Even diffuse >1 gm < 2.0 gm / ton with intermittent high grade will send PRB a mile high!!
I am in a hold position....but I will follow it closely.
I still think Agnico Eagle will take a run at PRB
They can spend > 800 million trying to bring the recent mine (Val d Or') that failed on line or they can buy a new venture (PRB Borden) and wait to go back Val dOr Quebec at a later time.
In otther words buy PRB and mine the new area's and import the existing infrastructure from quebec to borden.
Just a thought......Initial phase is 4.5 million ounces...this is 150,000 / year for 30 years so PRB already has a resource.
Holding tight....should see a quick turnaround on the buyout side of things. My guess 8-10 bucks........if Nose / Fold is over 8 gm / ton average then lookout we much higher
JMHO