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Re: Milo2 post# 54011

Sunday, 04/03/2011 10:22:02 PM

Sunday, April 03, 2011 10:22:02 PM

Post# of 173212
I know it was uncovered previously that HD/NAK did a ZTEM on Bonanza Hills. I believe I read that inclosed in NAKs recent filing, that they had done a ZTEM on the LBSR Northern Block, and also had done 2 drill holes on our Southern Block. I believe that the results of the work that HD/NAK has done on our properties has been keep low key until they are ready to finalise the JV agreement, so as not to start a bidding war. I believe that some of our claims on the Tombstone Property are outside the Caldera as well as in Alaska. Mr Brisco and Mr Guilbert, ( who wrote the book on Caldera Formations ), know their stuff when it comes to identifying areas of mineralization. With their knowledge of these Caldera Formations and the guidance and partnering of HD/NAK, I believe holding shares of LBSR is a no brainer.
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