Re: why no takeover bids
in response to
by
posted on
May 30, 2011 01:34PM
With 25 millions in hand,PRB does not need an option partner with any one and the way I see it,the company has just barely scratched the surface of a possible hugh gold district which is entirely controlled by PRB.They are just uncovering part of the limp of of a gigantic structure and plan to move on to the much wider EM conductor towards the north which they call-priority target in 2011.That explains why Dave elected to go on with the financing and tried to get as much cash as he could get in order to carry out the plan.Once the potential is discovered,he will present it to shareholders and convince them to hold on to bigger things.It also explains why the company is so careful and slow in disclosing drill results .I urge everyone to be very patient and hold on to your shares.