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I've played around with the topographic interactive google map, but I've no idea really how to spot the remnants of the volcano/caldera.
Are we assuming Bisbee as the center of it? What's the radius?
http://maps.google.com/maps/ms?ie=UTF8&oe=UTF8&msa=0&msid=212961781239168232157.0004a056e0fbacfa2ea62
Does any one have a reference for a map of the Bisbee caldera? And our claim/property in relation to it?
Thanks, VP...thoughtful reply!
This is an incredibly important point:
the resistivities let us know that AT LEAST copper is present in HUGE QUANTITIES. That alone gives GREAT VALUE to our claims. Remember, Pebble is primarily a copper play.
This fact is very bankable...drillbits will make our accounts rise.
In mid February many companies were sold and profits were taken. Some remain on hold but many new targets became attractive in the recent pullback. New positions have been taken in the following companies:
AUNFF - Aurcana Corp
CVVUF - Canalaskan Uranium Ltd
ESPZF - Esperanza Resources Corp
LBSR - Liberty Star Urnaium & Metals
MLLOF - Medallion Resources Ltd
NBRI - North Bay Resources Inc
NOXGF - Niogold Mining Corp
PMNHF - Pele Mountain Resources Inc
QSURF - Quest Rare Minerals Ltd
REE - Rare Element Resources - Jan 19 2013 15.00 Calls
SFMI - Silver Falcon Mining
SSEBF - Silver Spruce Resources Inc
STHJF - Strathmore Minerals Corp
TASXF - Tasman Metals Ltd
Posted by The National Economist at Tuesday, March 01, 2011
LBSR = TRILLIONS OF DOLLARS ????
I want to let that be the first line of this message, as JB won't pump, therefore I will! [but I won't dump...] Google picks up our board, in case no one has noticed. Buy shares while you still can at this ridiculously cheap/attractive entry point!!!!
Kindo,
Kinda crazy, I should know, as a certified shrink! But's here's the quickest back-of-the-envelope logic/calculation:
* one Pebble (now drilling-determined by NAK)= $500B
* their ZTEM looks IDENTICAL to our 6-7 ZTEMS (size, magneticity, proximity to theirs)
* 7 x 500B= 3.5 TRILLION
My only explanation why were not dramatically higher with pps is NOTHING IS PROVEN.
Where'd you see the photos?
I hate to be euphoric, but DAMN!! IT'S ABSOLUTELY STAGGERING WHAT KIND OF POTENTIAL IS HERE with lil' ole' LBSR...
...$20M price tag for trick into TRILLIONS. Patience to hold, knowing what you own...others will know soon enough.
Press release for April??
Having joined the 1M club, I can say...FEELS GREAT!! I sleep great...knowing that this lil' LBSR will make me f____ rich!!
Great technical analysis!!
Also, we've held the 0.03 level no less than 4 times...
Go LBSR!!!!
THE MOTHER OF ALL COILED SPRINGS...
ah...THAT sort of time! True, but he's already secured great properties for LBSR. I wonder, were he to pass, is there a succession plan for having/bring in a geologist?
Please elaborate.
Nice summary of our investment thesis.
Besides description of compensation for Vollmer, what can we expect?
Wyatt-Tilby said concerns that a potential failure at Pebble could wipe out the Bristol Bay fishery were misplaced, since the large majority of the Bristol Bay salmon fishery actually derives from the six river systems that are hydrologically disconnected from Pebble, he noted.
Can you repost the referred to web-address please. Thanks!
Hear, hear!
Thanks, SGR, but still wondering exactly how our claims are different, based on geo-topography, in relation to run-off considerations.
Nice...gives a spiffy new image for any PR poster campaigns for the Native American Indians...
...was this EPA action really in support of or because of them, specifically?
I'm a democrat, but this MAKES ME FURIOUS!!
I will e-mail this news item to family and friends and get 'em going too. This takes the BP spill to such overkill proportions, we should just ALL STOP DRIVING for a DAY OF PROTEST!! A glimpse of our future without affordable oil.
BTW, Kudlow covered this tonight. Hopefully, more and more attention will be drawn to this egregious behvaior of the EPA.
This is to say that a mine or many mines will be achieved in the safest regions possible.
Extraction costs mentioned in the recent posting: $13/pound...if so, fantastic profit margin!
Weekly Spot Ux U3O8 Price
as of April 18, 2011
Change from previous (week)
1 US$ = 0.70248 €
U3O8 Price (lb) $57.25 [-1.25] €40.22 [-0.88]
http://www.minyanville.com/businessmarkets/articles/stage-analysis-uranium-stocks-investment-strategy/2/11/2011/id/32771
We're in stage 1-2 of the current U rally!!
Yes, REALLY AMAZING, when you stop to realize how much potential this company has with so many different types of minerals!
Average ore reserves for an individual mineralized pipe at that time were determined to be about 3,500,000 pounds U3O8, with an average grade of about 0.6 percent U308, then giving the average economically mineralized pipe an approximate before-tax, undiscounted in-ground value of about $105,000,000 (more than $225,000,000 in 2007 US dollars).
Dr. Karen Wenrich states, “Although these uranium grades are dwarfed by those of the Athabasca Basin unconformity deposits in Canada, it is significant that (1) the breccia pipe mining costs are significantly less for the Arizona deposits, and (2) these ore grades of 0.4-1% are as high or higher than any other global uranium-deposit type.”
Still think we'll get our mensual message from headquarters?
Yes...it's funny how the psychology of wanting more of this lil' LBSR sucker grabs hold of us!! Not sure even a shrink can figure it out...
One million club here.
Will you be running for office, sir? We need ya!
Precisely...connect the dots.
Okay, several logic leaps for BCSP, but all reasonable and not too stretchy:
** ZTEM, samplings, proximity to PP: 7 possible major ore bodies
** open-pit mining of these for greatest return
** underground mining of same if necessary (caving to enviro-nazis)
** lawsuit as last resort (if State of Alaska is silly enough to not allow development and Robert Redford is hero-fied)
QED: there is substantial monetary worth to BCSP claims.
I like the speculation that HDI might be that partner, given ~ 20% interest in Cu mine < 200 miles away from Tombstone...
Ripe with double entendre...
Know what you own...and where you stand! Your holdings might make you a good lead plantiff, KY. If pushed and shoved, we do need recourse:
#1 A&P
#2 State of Alaska
...if I catch your drift!
Timing of such suits??
Yes, what the perfect play for HDI. Sell Pebble for great gain. Then consolidate caldera (sans Pebble) with those funds with JV's with FMM/LBSR for rip-roaring ROI!!
Also, well-stated, SS!
That is fascinating...wasn't aware of the FMM option-in!
Nicely said, Mr. Kipp. Pleasure to invest alongside ya'!
Hope there's some more core rigs to go around this Summer...
...btw, just so we all know...this IS NOT ON OUR OWN CALDERA...still, suggests whole area is rich in minerals.
http://ih.advfn.com/news_Full-Metal-and-Antofagasta-Minerals-Announce-2011-Drill-Program-at-Pyramid_47334402.html
******************************************************************
Not sure what FMM's development plans are for their properties on the caldera:
"Pebble South
(60% Pebble Limited Partnership / 40% Full Metal)
Target
The Pebble South property is situated east, south and west of North America's largest gold deposit, Northern Dynasty's massive Pebble Copper Deposit. Full Metal's land package is comprised of 420 sq. km, in two contiguous blocks.
The Pebble deposits host a measured and indicated resource of 66.9 million ounces of gold and 55 billion pounds of copper. Inferred resources add another 40.4 million ounces of gold and 25.6 billion pounds of copper.
These deposits occur within a 73 square mile (189 square kilometer) northeast trending mineralized system that appears open to the southwest.
Location and Access
The South Pebble property lies 470 km southwest of Anchorage and 44 km west of the town of Iliamna, which has a paved commercial airport, general store and hotel facilities. There are several float-plane carriers in the area that may be used for exploration fly camp support.
Ownership
Pebble Limited Partnership ("PLP"), a 50:50 partnership between a wholly-owned subsidiary of Anglo American plc and a wholly-owned affiliate of Northern Dynasty Minerals Ltd. pursuant to which PLP can an earn a 60% interest in Full Metal's Pebble South Property.
Key Prospects
Northern Dynasty discovered the 4308 zone, which is situated just 3 km north of Full Metal's property. This sulphide system appears to trend onto Full Metal's ground.
Full Metal has identified 11 significant geophysical targets. The top two priority targets were dubbed the BOO and TYP prospects.
The BOO Prospect
This target represents two 1.2 km-long geophysical anomalies (high chargeability coupled with moderate to low resisitivity). These anomalies were identified beneath up to 100 meters of glacial cover.
The Boo prospect lies along the southwest extension of a large geophysical anomaly identified by Northern Dynasty. This anomaly encompasses mineralization associated with Northern Dynasty's #37 Skarn and the #38 and #52 Porphyry deposits. By geologic inference, the BOO prospect area is likely underlain by favorable Cretaceous-aged rocks.
The TYP Prospect
The TYP prospect is situated 13 km north of BOO, and is outlined by a 0.6 km-long geophysical anomaly that is coincident with anomalous gold, copper and molybdenum soil geochemical anomalies on the western margin of the Kaskanak Batholith intrusion.
Exposures of rhyolite and mineralized granodiorite rocks occur within the geochemical soil anomaly, which measures 1.7 km long by 0.7 km wide. Geologic mapping of rubblecrop southwest of the TYP prospect identified similar alteration and rock types that host the Pebble copper-gold deposit, 15 km the east on the eastern margin of the Kaskanak Batholith. That portion of the Pebble deposit is also defined by a 0.6 km-long IP anomaly close to the porphyry.
Geology
The Pebble South claims were staked at the conjunction of two regional trends, the Lake Clark Graben and the multi-phased intrusive corridor holding the Pebble Copper deposit. Portions of the Pebble South claim group in the low-lying areas near Iliamna Lake are covered by recent glacial till or drift. The claims largely cover areas of low to moderate elevation where the mineralized system is likely to be close to the surface and amenable to open pit mining methods. The northwestern claim group covers the western margin of the Kaskanak Batholith, in a similar geologic setting to the main Pebble trend on the east margin of the Batholith.
Full Metal Exploration Summary
A total of 1,471 samples (944 soil, 316 stream and 211 rock) were collected and 50 line-kilometers of 2D-IP (Induced Polarization) and about 32 line-kilometers of ground magnetics were completed on the property.
Tertiary-aged volcanic rocks cover a good portion of the exploration area. These rocks as well as glacial morain and alluvium hide the favorable intrusive rocks that host copper and gold mineralization. As a result, mineralized areas along the Pebble Copper trend are often found in valley lowlands veneered by glacial cover.
Due to the overburden cover, IP geophysics was selected as the best method for identifying mineralized zones in covered areas. During this work, at least eleven significant IP chargeability anomalies were identified. The two most significant included the BOO and TYP prospects."
http://www.fullmetalminerals.com/s/pebblesouth.asp
Barring criminal negligence or intent, i.e. flagrant fraud...I WILL BE HERE TOO!!
As Charlton Heston declared vehemently:
"...<only> when you pry <them shares> from my cold, dead hands!"
Know what you own (ZTEM, soils samples, great geographies, hound-dog-nosed JB) --prove it, post!!
Even a drill plan, let alone drillbits into dirt, will produce a pps rise others will envy...investors need to have some known time-frame for 'delivery of the goods' in the ground...that's been the major inhibitor of our appreciation.