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Message: re;agneco eagle,s 2011 drilling plan-ElPrimero

Regarding our royalty claim;With so many irons in the fire,PRB is going to need a lot of money to follow up the projects without having to wait around to raise money from the public market and cause massive dilution to our shares.With the royalty payment coming in at a regular basis,they can drill at Bordon,tamarek,victoria,cree lake and mcfauld west simultaneously uninterupted and eventually one or more are going to hit big for us.Besides they can also pay us shareholders a small annual dividend if they choose to and the up side of this royalty pay is looking very bright indeed.

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Jan 02, 2011 11:11AM
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Jan 02, 2011 03:56PM
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