RE: Why would this be bad?The problem is that PRB should be drilling McFaulds west on their own, see what is under there before we even entertain a deal from Noront.
Would you sell a peice of land without knowing what it is worth?
We need visuals, and deep core testing!
There's something BIG there.
We need a full 43-101 done, and a lot of testing.
That is my problems with this.
Sure, no matter what it is good.
But my way would be the BEST way.
We've been waiting for a drill for a while, and it was purely for McFaulds west.
Imagine 4 months ago we knew what was under there by NOT drilling it for us.
We could've already of had a good deal in hand and started Victory!
Waiting for a drill then making a deal is a HUGE delay.
We should be drilling McFaulds west for 3 months, then Victory for another 3 months.
THEN make a deal.
I'm sure we all want FULL value for our assets!