Have been in and out of PRB many times as the story of McFauld's Lake has played out. Currently I'm not in, however, I like your logic slidog. When PRB does start to drill, spec alone should drive the share price up. The small land position is of some concern but you have to agree it might not be how land you own but whats on it. Location, location and PRB has the location. After the EM surveys are released we should be able to come up with a much more informed decision on this stock.

Al