warrantlessbob,

My post was mostly the result of frustration regarding the process and the recent delay in getting drills working as well as a probable lack of prior accountability. From the data I reviewed it appears that PRB did some geophysics and drilled a few shallow holes, [prior to the JV], which had some gold values, not high but interesting. The property was optioned to a company out of Vancouver; Sydney Corp or something like that who were taken over by West Timmins who were taken over by LSG. Despite the option agreement which notes the amount of expendature and payment schedule here we are in 2011 and there is nothing to show that the companies did any field work, no record of geophysics, no drilling, etc. David should have at the very least receive a detailed list of where and how the $1 million was spent but I am assuming that he didn't get this. From my position I can only guess that since there was no reported physical activity, the expendatures were for desk work and associated expense, little to add value to the property.

It's like we are starting all over again and PRB has to contribute to the financial load which should have been completed by others. However, I am sure that there is data out there that paints a different picture or at least I hope. We are just not privy to the inside stuff. Just my opinion.

mh