Re: Todays MM's Games
in response to
by
posted on
Dec 06, 2010 09:52AM
To test our willingness to sell!
Most of us have got into PRB again..... in the 50 to 70 range and have loaded up.
I,m not in the buying mode.... to average my price up..... but I see a much higher market cap, share price for what Dave has done in the past year.
He has consolidated the Chromite outcrop contingent to Cliffs deposit a stratigic move..... I think in consoltation with Cliffs for a friendly move to monitize that asset, and spin out the remaining assets into a new PRB gold co.
This focus on the chromite wasn't by accident... Dave is a very sharp guy. He has worked diligently and fugally through the market downturn and refused to dilute PRB when most others funded via cheap placements. I asked Dave on several occasions over the past 3 months if he would do a placement.... "NO way, noty now" was his answer every time...... He has a plan and we are in it!