Solid foundations. New horizons.

Free
Message: Thoughts on PRB

Thoughts on PRB

posted on Nov 30, 2009 02:07PM

It's great to see PRB's sp trekking upwards.

I am of opinion that any good news in near term will have a further significant impact on sp. Things that I am waiting for include the drill results from WTM on the gold JV and also the decision to drill or not to drill north of Eagle for nickel. It is my understanding that they are still evaluating geologic studies and decision has not yet been made. I hope they are making progress. They will only commit the resources to drill north of Eagle if, after thoroughly analyzing the date, they think they have a very very good chance of hitting nickel. Thus, if they do make the announcement that they will drill, then just the announcement itself should help sp a lot.

At this time I dont know how the FWR/NOT/Cliff's competition will end up impacting PRB, but it's sure doesnt hurt that PRB's chrome is right in the middle of their chrome deposits.

Share
New Message
Please login to post a reply