Hey all, first time member and poster here...been lurking for a long time.
I was a GRAYD shareholder when they were acquired by AEM almost a year ago to the day for $2.80 per share (or approx $275 million). From what I recall, the takeover came several months (maybe even a year) after GYD released their PEA.
Less than a million ounces and similar grades, huh?
Let's see what Probe's PEA looks like when it comes out. If positive, there should be little reason for PRB to not command a much, much, higher purchase price than GYD.
That said, it's hard to make cents from a senseless market.
Cheers!