Goldenchromite, my first post here. Thanks for the info on the new corporate presentation. The 3 non-Borden are excellent items for PRB, but if I were PRB CEO I would simplify the structure by doing the following:

1. Black Creek: Spin it off as a separate entity, groom it and sell it to the highest bidder. The new entity could be a wholly-own subsidiary, or a separate company with its shares distributed to PRB shareholders). Currently, the evaluation of PRB is too complicated for some, and hence Black Creek is grossly undervalued. This entity alone is worth a lot more than PRB current market cap.

2. Goldex: Even though PRB has a healthy sum of cash in the bank, it would not hurt to have some more (for more drilling Borden discussed below). PRB can learn a lesson from KWG (solf the 1% NSR for $18M). I would say just sell the 5% Goldex royalty to someone, including Agnico-Eagle. It's dead money sitting there and AEM seems to be playing around...Let have some serious discussion with them. If they don't co-operate then find someone else.

3. JV with LSG: Similarly, LSG seems to play game as well. There is no excuse not to have the results for 1 single and shallow hole out after so many months. PRB should stir this up and negotiate and sell this property off as well. Again this is dead money siting there.

With a sizable amount of cash available after the divestiture of assets, PRB can focus on "swiss-cheese" drilling of Borden to produce the NI-43-101 resource estimate and PEA to make it a pure gold play. The current results look quite promissing and if PRB could move most of the inferred category into the indicated resource then it would be something, say 4 Moz Au +++.

The CEO does not have to do everything by himself. Just delegate the divestiture job to someone else. A lawyer with good "negotiation skills" would be good for this job.

Just my own opinion.

goldhunter