warrantlessB,

I thought I would ask the expert. Any info on the exercise of the wts?

It's understood that PRB has the following with expiry date just about 1-month away (21 April 2013).

-1.111M @$1.35

-18.5 M @$1.70

My guess is the $1.35 wts are reasonably deep in the money during the last few months, so it would be expected to have been exercised (may be wrong on this). The more interesting one is the $1.70. Current SP is around that mark, plus or minus a few cents, so what would be the chance to rake in $1.70 x 18.5M or part of it before 21 April 2013, noting that SP was well above $1.70 in early 2013, hence there is a chance that some of these 1.70 wts have been exercised. Is so, does the company report this somewhere?

Bottomline: Does PRB need (or do shareholders want) more money over and above $32M cash?

Anyone, beside wtlessB?

goldhunter