Hi Mark,

I agree with what your saying and I agree that PRB is a steal at these prices. There no logic to the pricing.

I am just playing devils advocate and saying at current valuations of gold juniors across the board, and lets say for arguments sake we fail PEA and the low grade metallurgy, we have 6 million oz of nothing but hope for higher gold prices.

Gold producers are not interested in our chromite, unless they can recoup some of their costs back from a viable gold deposit.

And 120 million would be a big mistake if our deposit was not economically feasable.

But let be clear the devils advocate argument is a VERY long shot and I as well as all others who hold stock in this company are firm beleivers that we have something special here. Its MUCH easier to argue the fact that we will pass PEA and low grade metallurgy with flying colours with the present evidence. But have not not yet crossed those hurdles.

I think there is a minial chance of takeover prior to the fall and if we are anywhere near these numbers come the fall I don't think we'll be around very long.

Just my opinion