Prairie Provident Resources Inc T.PPR

Expect a reverse split

[filefish]

With new share count now at 1.2 billion, I would expect an announcement of a reverse split soon. My guess is that it would be something like 1 for 50. Having the share price over $1 might attract some new money.

[SilverSam]

I would tend to believe - and I hope I am right - that management will wait for what we all hope will be positive drill results before announcing a reverse split.  This would be for the purpose of building some momentum in the share price before reducing the count.  Positive momemtum, in turn, would deter short sellers from jumping in and trying to take advantage of the reverse split