How about another scenario?

Solid foundations. New horizons.

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warrantlessbob

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How about another scenario?

posted on Feb 07, 2012 11:23PM

Consider -

1. PRB proves up 7M ounces by late in the year and PRB is taken out - BUT--

2. BC was spun off to shareholders and is now sold for $130M - now DP can buy several new gold properties, pay small div and do plenty of drilling - PRB shareholders get a double jackpot, where before, we might be giving away BC in a hostile takeover.

THERE IS NO DOWNSIDE TO THIS SCENARIO

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