IMHO, talk of how low the SP will go is not productive.

If PRB had stuck with the previous convention of a LGZ and a HGZ, releasing a new reserve figure of 7.3M oz, containing a 4.5M oz high grade component, I dont believe we'd find ourselves behind the eightball, where we are now. With an increasing POG, the LGZ is simply viewed as another asset, to be exploited down the road.

WB