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Re: Dreamchaser post# 53248

Saturday, 03/19/2011 2:45:01 PM

Saturday, March 19, 2011 2:45:01 PM

Post# of 173212
Super Gold Rush,

Please out line your reasons for expecting any drilling in Alaska this summer.

I have my doubts that there will be any drilling in Alaska this year because:
1. there are no roads in the area.
2. it is very expensive to helicopter in the drilling rigs.
3. NAK has it's hands full this year working on the permitting
applications.
4. LBSR is not wealthy enough to do their own drill program.
5. If NAK and LBSR do get a written and signed JV they have
a six year window to complete the drilling.
6. I doubt if any other Majors will be jumping on our
Alaska claims untill NAK proves up their ZETM reports by
drilling the 23 acres they bought from LBSR.

I am very long on this stock and I am very happy with the request for the report by SRK. If we some how do get drilling done in Alaska this year I would be plesently surprised and pleased.
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