Re: Some Thoughts
in response to
by
posted on
Nov 07, 2007 07:18PM
The control of PRB is in just a few hands..... Managment has 6,227,800 shares and another 2,750,000 wts which could be exercised to increase their control position.... Pinetree now has 3,800,000 shares...... and another 1 million wts
Within these few hands the bulk of control is held, almost 50%........ nothing is going to happen that is not in their best, and hopefuly our best intrest.
We are cashed up and good to go!
One more consideration is that NOT drilled the southernmost anomoly..... now if they hit on the northern anomoly the allignment to PRB NE and SW will be very direct...!
Couple this with our own targets and PRB is the most undervalued play in the whole area as a pure speculative investment..... If we have a hit on drilling which confirms this we will be doing the happy dance.....
Should have news soon confirming the Vtem being done.