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Re: PURA VIDA post# 154281

Friday, 07/03/2015 2:14:53 PM

Friday, July 03, 2015 2:14:53 PM

Post# of 173199
Briscoe will have to do better than the nebulous "news" about a shallow gold/silver deposit somewhere in Arizona, ready to mine in less than a year. And some unnamed uranium deposit in Utah. I don't think even the most die-hard Briscoe supporter is falling for it.

I think your first graphic, with a share price of 0.00038 is not off the mark, and probably will occur way before all those shares are issued. Just my opinion.

My advice to Briscoe - drill a hole or two at HM. Two air rotary holes to a thousand feet. Probably can do it for less than $200K, complete with selective assays. Even with no success at all, think of the mileage LBSR could get for a few months while the drilling is permitted, the holes are drilled, the assays completed, and a report generated.

And who knows....maybe one of the holes will hit an interesting interval or two. It doesn't have to be ore-grade or much of an interval. But it could provide endless marketing potential. It would also provide real geological information (lithology, alteration, etc.) to help tweak the ZTEM model.

You're not getting any younger, Briscoe. Go for it......
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