Solid foundations. New horizons.

Free
Message: Re: Question for Management

Jan 10, 2008 05:41AM
2
Jan 10, 2008 09:41AM

Jan 10, 2008 10:17AM

PM
Jan 10, 2008 11:11AM

Jan 10, 2008 11:48AM

Jan 10, 2008 03:05PM

Jan 10, 2008 05:06PM

DP mentioned they would be  doing  some  ground  loop  prior to drilling to  better  identify the  targets....The importance of this  is  evident in  that   NOT  missed  totally   going  under  or  over  on a  few  holes...... so  it  is  prudent to  get as definative a target as  possible before  drilling  holes.

He mentioned that   they  will put  out an  update  next  week..... so   some  questions  should be  answered as to  what  progress is  being  made.

I'm  more  interested in  a  posible  deal  with  NOT as this  would  eliminate   risk  in  PRB ........ the   relative  share  prices are   just  right  for a deal.... Like I say  5 million  shares of NOT would be  a good deal  from  both  perspectives..... My  numbers and  thoughts.

At this  point in  time we  have  bargaining  power...... if   we hit  bang  on  both  stocks  will  pop.

If  we  miss.... nothing  happens to  NOT   and the  price would  tank to  some  extent  in  PRB

Not  quite as  much  upside  potential... but  almost  zero  risk on the  downside .... I think  PRB  would  double  on  such a deal.

PRB has  a stratigic location right  now.....  one  that  could  get a  premium  at this  point in time.......he  drill is the  ultimate  truth machine.... I don't  know the  odds  of  success  or the  nature  of the  targets and the  share  price  is  agreeing  with  that  perception.... Prime  negotiating  time.

 


AGORACOM
Jan 11, 2008 09:50AM
Share
New Message
Please login to post a reply