Re: Divi-done?
in response to
by
posted on
Feb 23, 2015 06:24PM
Kingpin,
Points all well taken...but reality is this.
Even small cap producers ( LSG ) and companies like that have market caps less than PRB's. Probe will not get to where you want it to go.
Pretium...960 million cap (1-2 oz per ton advance stage project some rock is 40-50 ounce per ton over .5 t o1.0 meter intervals. ) 7 + million ounces high grade and 2+ million inferred...408,000 per year 18-20 years....and still expanding.
Midas Gold 6+ million ounces waiting for permitting and environmental. Market Cap 72.3 million ..decent cash position $ 0.51 / share
Up to you folks........
Dave needs to hit 30 gm per ton over 40 metres on east limb ! To get us to the level of a Pretium!
A no vote sends us back to 2 bucks orlower...But I will wait it out...we will back to 3.50 in a couple of years......no i am not kidding.
A yes Vote gets us 5+ bucks and new probe. So we will see...me I might get out depending....as a lot of my inbox is full of both yes and no.
It would be nice if you could only post if you had a share identifier...
For every 1000 shares your allowed one post per month...just saying
Truth is it's not a great offer but not a bad offer either.
So up to you folks.
I know.......it and seen this before.
I will know what I am doing....by the 11th.
Do you think...Goldcorp is buying more shares ?
Doubt it.
A no vote allows them to offer 4 bucks at a hgiher dilution with more Drilling on the backs of the die hard PRB share holders !
Good luck
Captain Time