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Re: CEMJQ Multi-Millionaire post# 67989

Wednesday, 08/03/2011 10:39:12 AM

Wednesday, August 03, 2011 10:39:12 AM

Post# of 173288
Yup, and even though MLV seems to be focused on the Arizona properties right now, that doesn't mean that they won't be used in the future to work out deals for the Alaska claims so LBSR can circumvent NAK/HDI.

Getting the Uranium Breccia Pipes and Tombstone Copper mines into production is the absolute priority right now, as it should be. Those Arizona claims will bring in money and shore up the Balance sheet, thus insuring that Briscoe doesn't have to do anymore financing that affects our share structure. And just as important, it will give LBSR the funds to test drill our Alaska claims ourselves, without relying on Thiessen's help.

I truly hope we get some good news about getting either or both of the Arizona properties into production this year. Bringing in revenue from a mine, any mine, will do so much for this company.


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