Todays newsmeans the winter drill program will not require any dilution, with about $1.5 m in the bank we will have enough for a lot of holes.
Peter believes we have the lions share of NOTs mineralization and will not be looking for any PPs until he finds out whats in the ground, "much to the annoyance of NOTs Mr Nemis."
The 100 meter mags should give a much clearer view where NOTs strike is headed. When you look at the mags on BMK and PRB it becomes fairly apparent both PRB and FNC will be a part of the NOT take out.
NOT/FNC and PRB form almost a rectangle 6KM east/west and 5KM north/south with NOTs discovery hole almost in the exact center. Within this area will be the "ring of fire". Xstrada or whoever will take that amount of land at least to begin with, also because there is a number of anomalies within it.
It will be fun in the days ahead, so don't be fooled by the way FNC/PRB are trading. Anon "house 1" has a huge short in FNC and will have to cover in the near future, I have no idea where he/she will get the shares back from. I just know there is too much potential to sell. I have held a couple of months and added as she has dropped, another few ain't going to hurt + these prices could go in a flash even with NOT news.
Good luck,
Cooper