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Thanks, your posts have been helpful.
Thanks to all, I'm starting to look into FEAM. What big catalysts are everyone excited about. Operations on track for EOY?
Any thoughts on the 28th for news? Sounds like that is a very soft opening of the window for possible news, right?
Just added. Too many signs point towards positive EIS, ROD, and imminent partnership. Holding long unless multi dollar range is hit short term, but if it doesn't get there before partnership, I'll be happy to hold after for even more long term gains. Not going to cut position unless big negative comes out that isn't out yet, or a delay on decision through important election which will most likely cause quite a bit more dilution.
Everything mgmt has said on EIS timeline has been progressing nicely up to this point and I would suspect it to continue.
Smaller company has more to gain than larger investor. NAK currently at 600million, FQM sitting at 9.2B
I don't understand how the price could reflect anything less than a 1.5B market cap?
Good deal, better than I expected. Smart structure for FQM, I liked the conference call as well. I don't know why anyone would be disappointed unless they had rose colored glasses on. I expect the stock to move significantly higher from here. Clear path to permitting.
Has anyone done any DD on Eurogas,Inc. that was referenced to in Tombstone Exploration's PR today? It would be nice if they were wanting to consolidate the area. They already own a huge chunk of Tombstone exploration. I know TMBXF is cash strapped but it's hard to get info on Eurogas.
Good job. Again, I was more interested in showing the proximity rather than showing a detailed map. Pulled it off TMBXF's site.
I'm not sure how current the map is, but it is still posted on Tombstone's website. My point was that their zebra property is adjacent to the north of our hay mountain property.
From our neighbor immediately to the north...
PHOENIX, AZ--(Marketwired - Aug 27, 2013) - Tombstone Exploration Corporation (OTCQB: TMBXF) (BERLIN: UDNA) announced today that its current exploration will focus on the highly anticipated Zebra Property. This property has the greatest potential to most quickly generate cash flow from operations. The principle goal of this exploration is to upgrade, confirm and expand the Gold ore reserve identified by previous work conducted in the 1980s and early 1990s.
During a detailed mapping program in the 1980s, thirty-three samples were collected of jasperoid, jasperoid breccia, silica vein material, hematitically altered silty limestone, dolomite and silicified rhyolite porphyry. Seven of these samples assayed > .20 ounces per ton gold and another three assayed > .10 ounces per ton gold. The highest assay was 1.0268 ounces per ton gold collected from an outcrop of black to red jasperoid breccia. These historical assays strongly support previous assay data from the property and suggest the occurrence of a large bulk tonnage disseminated gold deposit on the property. Geophysical surveys conducted on the property in the 1980s also suggest the possibility of a gold skarn deposit at depth.
Multiple felsic intrusions are believed to be responsible for the mineralization on the property. Rhyolite porphyry outcrops in the NW 1/4 and the SW 1/4 of Section 28. Auriferous jasperoid vein swarms are associated with these outcrops. A large Basin and Range fault trends northwesterly across the southwestern edge of the property and could be the ultimate feeder structure for the gold mineralization evident in Section 34. A reverse fault trending N34W and dipping 74W cuts the rhyolite intrusive in the NW 1/4 of Section 28 and has mineralized and silicified the rhyolite at this location. Several other major auriferous fault zones, one of which is over 1.5 miles long, have been delineated on the property but none have been sufficiently drill-tested to date.
Alan Brown, President of Tombstone Exploration, said, "The focus of this exploration program is to significantly expand the footprint of the gold mineralizing system at the Zebra Property and reinforce the potential to find further near-surface gold throughout the area. To date, exploration has only been carried over a small portion of the overall Zebra Property, with many priority targets yet to be drill-tested. The initial exploration will start with a detailed mapping and sampling program to be followed by a ground based geophysical program and eventual drilling within the next few months. With the price of gold on the rise, we are ready to start exploration on one of the most prolific gold targets in the Tombstone Mining District."
The Tombstone Exploration Project is an exploration and development project within the historic Tombstone Mining District, Cochise County, southeastern Arizona. Detailed studies of the minerals of the Tombstone Mining District have shown a large number and wide assortment of mineralization including silver, gold, copper, lead, and zinc minerals, which have been described along with manganese, tellurium, molybdenum, and vanadium. Although Tombstone is famous for bonanza silver deposits and is essentially a precious-metal district, the porphyry copper model of Lowell and Guilbert (1970) suggests the presence of a buried porphyry copper deposit at depth. TMBXF has the minerals rights to 11,863 acres of historical mining land and is the largest land holder in the Tombstone Mining District.
http://finance.yahoo.com/news/tombstone-exploration-corporation-start-exploration-123000964.html
3 form ds
Look again, there is Alaska info in there. The research I did was last year and included every nr that they had any hint of a timeline. The only reason it stops is that is when I did my research and I have not done it since the last date posted. Everyone knows that they drilled one hole in alaska and now don't even own the hole they drilled. The news today drew me out of my bitter hole because of all the timelines they posted in the past and due to other comments made directly to me by the company in the past. I will now go back into my bitter whole. Good luck to you
Mid to late April ztem= never
I'm not sure, it's hard for me to ascertain how big 3 is, in relation to that map. I'd say there is definitely a chance some minerals could extend into LBSR claims.
Here is a claim map with JB drill permits
https://dl.dropbox.com/u/49522178/Sold%20claims.png
Yes, just southeast of where they drilled previously. The line is just to the top of the claims he applied drill permits for(in that area). We own the claims just north of that. So there is still a small chance that part of area 3 would lie on LBSR claims. But for the most part, NAK now holds it.
From the 8k it looks like we gave up ztem targets 1,3,4,and 5. 3 was my favorite, located right over a fault. We still have targets 2,9,and 8 (citing SRK B page 109).
Well, at least we know the plan is still to drill AZ next....
News for 'LBSR' - (Liberty Star's (LBSR) Tombstone Hosts Enormous Copper Reserves)
Nov 05, 2012 (ACCESSWIRE-TNW via COMTEX) -- Liberty Star Uranium & Metals
Corporation (OTCQB: LBSR) is a mineral exploration company engaged in the
acquisition of exploration-stage mineral properties in Arizona and Alaska with
lands management considers to be some of North America's richest mineralized
regions for copper, gold, silver, molybdenum and uranium.
For the upcoming winter of 2012-2013, the company will be largely focused on its
Tombstone Super Project (TSP) in Arizona, given that operations are possible
year-round there.
Great Location & Jurisdiction
Liberty Star's Tombstone property is located in southeast Arizona near some of
the most prolific porphyry copper mineral centers in the world. Thanks to a
large volcanic and intrusive geologic feature known as a caldera, the region has
demonstrated significant potential for copper and other elements like molybdenum
that are currently trading at very valuable levels.
Beginning in the late 19thCentury, mining in the region took off and helped
create legendary boomtowns like Tombstone, Arizona and became home to mining
giants like Phelps Dodge Mining. Arizona itself has long been a very favorable
location for mining companies, with its 300 days per year of sun and
business-friendly regulatory environment.
Chief Geologist and CEO James Briscoe has significant experience in the
Tombstone district having worked there since 1972. In the mid-1980s, he found
that earlier geologic work had erroneous conclusions and the region was in fact
a large and ancient caldera. Studies over the years subsequently confirmed that
the alteration associated mineralization was much more extensive than previously
thought.
After realizing the significance of the deposits in the area, Liberty Star
contracted SRK Consulting to prepare NI 43-101 style technical reports over
three areas within the TSP, including Hay Mountain, Tombstone South and Walnut
Creek. These reports confirmed the claims were worthy of further exploration and
the company began technical work to determine commercial viability.
Located in a Wealthy Neighborhood
More recently, the region has seen a revival in copper mining as new
technologies have enabled exploration in areas that were previously
inaccessible. In 2007, Freeport-MacMoRan Copper & Gold Inc. (NYSE: FCX)
purchased Phelps Dodge Mining in a $25.9 billion cash and stock transaction to
create the largest publicly traded mining company in the world.
As a result of this acquisition, the company acquired the Morenci open-pit
copper mine in southeast Arizona 50 miles northeast of Safford that is projected
to produce some 225 million pounds of porphyry copper when enhancements are
completed. Meanwhile, FCX also owns the Safford open-pit copper mine that has
produced over 200 million pounds annually in the region.
The growing popularity of the region, as evidenced by the buyout of Phelps Dodge
Mining and these two large copper mines, suggests that Liberty Star's Tombstone
property is also likely to hold a lot of potential. In fact, management has
indicated in the past that the property could host one of the largest porphyry
copper reserves in the world.
Solid Progress Over the Past Year
Liberty Star has made significant progress in developing this potential over the
past year. After completing several technical reports in late-2011, the company
completed an extensive geochemical survey and a review of previously gathered
data, including a low flight level magnetic survey. In July 2012 Briscoe and his
geological team confirmed the Tombstone caldera's size and location, which could
pave the way for additional drilling targets in the region.
In August 2012, the company announced a proposal for a helicopter-borne ZTEM
(geophysical) survey covering the Hay Mountain and other lands comprising its
Tombstone project in southeastern Arizona. With the ability to "look down" about
6,000 feet into the earth's crust, the ZTEM will detect sulfides that may be
associated with porphyry copper systems.
While these projects will provide more in-depth mapping, the company has also
made progress on the regulatory front. The Arizona State Land Department
approved the company's application for mineral exploration permits in
late-September 2012 and gave it the go-ahead to proceed with state-mandated
archeological reconnaissance.
Moving forward, the company plans to obtain Phase I permitting for up to 30
potential drill sites to allow flexibility in drill placement. This permitting
will be followed by the drilling of five to ten Phase I drill holes this winter.
After the positive results from those holes, the company will then begin Phase
II drilling that will result in more tangible data for investors.
Great Opportunity for Investors
Liberty Star represents a great opportunity for investors at its current levels,
with a market capitalization of just $18 million. Successful data from upcoming
ZTEM aerial reconnaissance and preliminary drilling could confirm the presence
of a significant porphyry copper deposit that could become on of the largest in
the region and provide a strong catalyst for investors.
For more information about Liberty Star, please see the following
www.libertystaruranium.com
Disclosure: The subject security is a client of Emerging Growth, LLC. For full
financial disclosures for all Emerging Growth, LLC clients, please visit
http://secfilings.com/Disclaimer.aspx
Copyright 2012 ACCESSWIRE-TNW
I'm not going to argue with you over what price you traded at, but why would you post your call if you don't think anyone should listen to it or be helped/persuaded by it?
Congrats on your bear call at 4.66 and your bull call at 4.45.
Thanks Belg
Looks like Vermeer only makes one piece of mining equipment.
http://www2.vermeer.com/vermeer/NA/en/N/equipment/terrain_leveler_sem
I would think it would be nice to make roads, as well as mines. But maybe Tracy was just giving a shout out to Vermeer.
I had my second LBSR convert over the weekend. I'm no salesman but when people ask me for a penny play, I don't hesitate to give them an earful of LBSR.
Excited to hear more news from HM.
Sorry, for some reason I thought it was new info. I must have overlooked the approved permitting by focusing on the newly acquired claims.
Sorry first post was not right, but I updated with the right one.
sure bela,
Sep 24, 2012 (Close-Up Media via COMTEX) -- Liberty Star Uranium & Metals Corp.
has received word that application for Arizona State Mineral Exploration Permits
(MEPs) within the Tombstone Super Project (TSP) have been accepted by the
Arizona Department of Mines & Mineral Resources (ADMMR).
According to a release, additionally, the Company has submitted Drill Permit
applications to the ADMMR (July 2012) and has received comments back from the
ADMMR allowing the Company to proceed with state mandated archeological
reconnaissance over the proposed drill area in the Hay Mountain portion of the
TSP.
Eight new state of Arizona MEPs (the state equivalent of federal mining claims)
"claims" covering about 5.3 square miles comprise the new portion of MEPs
adjacent to the current Hay Mountain land position area. These new MEPs are
within the proposed ZTEM survey zone announced last month (NR 138).
More information:
www.libertystaruranium.com
((Comments on this story may be sent to newsdesk@closeupmedia.com))
June 29th
So did anyone see the news that came out last night? I thought they were already doing the antique search, but it sounds like it can just now begin?
I'm holding
Also, the 300K would be good for an extra 3 to 6 drill holes, depending on depth.
Does anyone else feel like JB is kicking around the idea of skipping ztem and just drilling?
We have a target defined by geochem that lays right over where JB thought it would, in accordance with the previous aeromag survey. IMO, since the two targets directly overlap, just spend the 300,000 on a couple more drill holes than putting it into a ztem that will show them a target they already have defined. We can always come back and ztem later to better define the other targets. The risk ztem would eliminate is smaller than the payout of additional drill holes IMO.
Of course, I do not have all the info and knowledge that JB has, I'm sure he will make what he feels is the best move forward.
Now that is a chart I can understand. lol
Well the the momentum sure is there. I was salivating over those 2.30s but wanted to wait for some other funds to come around before buying. Decided recently I couldn't wait any longer and sold some other positions early so I could jump on the bandwagon.
Sold 50% of Pebble for 1.5 billion. Current market cap 476M and possible deal with Liberty Star for more pebbles. = super cheap IMO
QE3 to put fire in the gold bugs belly. Latest predictions of $5000 gold swirling around could easily push this thing to crazy high levels. Every $10 increase in the price of gold equals a 1 Billion dollar increase in the value of the gold that lies in the ground. Same can be said of every 2 cent increase in the price of copper.
That said, $2000 gold and $4 copper would put $500 Billion worth of minerals in the ground. Oh yeah, then there is 2.3 Billion lbs of Moly on top of that. Northern Dynasty appraised their stake somewhere between 2.4 to 5.6 Billion dollars last year using conservative numbers. At the lowest valuation, NAK should be trading at $25/share. I think that would be a fair price right now considering environmental challenges. If it can get permitted, all bets are off, as to how high it could go.
News More permits!