Re: Question about PRB vs FNC - x - djmac
posted on
Nov 16, 2007 05:32AM
I had thought there was a very close relationship between NOT and PRB and there is but not necessarily in the way I initially thought. At the moment it looks as though PRB and FNC are much more willing to chance very good finds on their properties adjacent to DE. If it works for either the payoff will likely be very substantial in deed.
As for the controlling of share prices, a more polite phrase may be "carefully influencing" share price. In and of its self this is not all bad. With the prize at stake there should be at least a few who feel it very important to have the most influence in the right hands. Then there are the so called manipulators, who if left unchallenged would most definitely run rough shot, at will, over individual share prices, picking off retail almost at will and basically killing the market place for aspiring juniors. This is not in the best interest of anyone, even the manipulating scavengers.
I am in with Probe due to proximity and very good fallback alternatives. FNC could well do well but much weaker fallback for them as they are set up now.
Old Joe
PS: Risk/Reward much better with Probe!