Wednesday, November 12, 2014 6:32:41 PM
But, we will NOT see sustained pps gains until such time as we have the money to drill. And to get this money, we need a JV partner.
We have not been able to find a JV partner in the past because the focus was mainly on Big Chunk. When Pebble ran into so many issues, LBSR shifted it's focus back to Hay Mountain. Since that time, look at what has transpired.
1. JB got all of the info back out of the dusty trailer's.
2. JB transferred Hay Mountain to Liberty Star (he called it a gift to loyal shareholders)
3. JB/LBSR went back to work doing all the rest of the soil sampling, the geochem, got MLV and SRK involved.
4. With the known information, LBSR then expanded the claims area.
5. Taking things to the next level, JB had a 2D ZTEM done. Geotech
then suggested a 3D which we followed up with quite quickly.
6. All of the information from all testing corroborates the other and we are now in a position to DRILL.
7. We have NEVER had such a good position since I have been invested here since May of 2004.
8. The formation of the Wholly owned HMSP subsidiary.
9. The addition of members crucial to this managment added to BOD.
10. With all of the aforementioned criteria - the writing is indeed on the walls......we just need a little more patience for these NASEBA meetings, subsequent interest and negotiations to unfold.
That's my take on it. While I have been quite disappointed at times, it is mainly because my PATIENCE really sucks.
GLTU - I know you want LBSR to pan out as you have for many years.
WE JUST HAVE TO WAIT FOR THE PAINT TO DRY (GET A SIGNED DEAL)
Recent LBSR News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/26/2024 06:43:08 PM
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