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Message: Re: PRB = Dead Money past 3 years
1
Nov 26, 2019 10:47PM

Agree with NS --

I have been in PRB since approx 1975 --as most of you know, my dad was president for 12 years.

We have a 43-101. Reserves will increase - my guess, to 4.5- 5 million ounces over the next 12-18 months, after which there should be a buyout at $5-6. We saw a dramatic sell-off some months before the last buyout in 2015.

I think some investors are simply too impatient, and don't really understand what's involved in outlining a resource - truth is, Dave has moved exceptionally fast to outline this resource.

 

WB

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