Re: Probe's New Direction///ElPrimer...
in response to
by
posted on
Jun 04, 2008 01:20PM
You guys keep pressing the issue that drilling is going to confirm what is allready known.... Well if it is already known why is the PRB price at .60 to .70
The market is saying show me the results and you guys are not supporting the prce as there are sellers out there and there are willing buyers at this level... not higher as you seam to be so sure of... Where were they last week... or last month?
If you are sure there is mineralization of sufficent grade and tonage.... buy like there is no tomorrow... The drill will define the resource, if there is one.. so far all we have is geophysics and some MMI results... all indicators look interesting.... so why arn't we trading at $1.50 like FNC
At least PRB has cash in the bank, a drill about to drill and a royalty for Goldex....and a much lerger land position and other projects. I would have thought that with all the positive vibes coming out of the shareholders we would have seen more support post anouncment , last week.... Had there been more market support then.... may negotiating with NOT would have not been entertained!!!!...... YOU the investor are who dictate the share price.... and Mng have to proceed within those guidlines....
Investors define the share price with their scentiment... buy or sell at the perception of the potential..... By selling your shares some have said NOT should offer less, not more!
Then you Bi*(h about not drilling A1 and A2..... keep in mind the share price had gone nowhere over the past 2 months with drilling eminent.... now you are all pizzed because drilling isn't happening right now.. Negotiating now may hold better value... may not..
Let managment play their cards... they are some of the largest shareholders. Any deal will be alligned with investors goals.
There seams to be more gamblers here that investors.... Investor take potential gain balanced against risk.... Gamblers play the slots, pull tabs, and lottos.... I suggest we let managment manage and the investors invest.
Where was this optomisim of impending massive sulphide intersections last week?
JMHO