Mining Company research board

[pitboss22]

Thank you 1manband for your answers regarding Exploration vs Development and Reserves. I am still in the learning process regarding mining stocks and the terminology and requirements and really appreciate the information.

Another thing that bothers me (perhaps I'm making a mountain out of a mole hill here) is that they announced the "expansion of mineral rights" and despite this statement, no associated Expense or Asset value was recorded in the 10Q covering the period.......

FREEHOLD, N.J., March 15, 2012 /PRNewswire/ -- Lantis Laser Inc. (OTCQB symbol: LLSR), is pleased to announce today that its operating affiliate TAG Minerals Zimbabwe (Private) Limited (TAG-Z) has rapidly expanded its mineral rights to include an additional 50 hectares contiguous and 450 hectares adjacent to its Dodge Mine property. Based on continued discussions with targeted potential partners coupled with industry confirmation of high demand for barite, TAG-Z recently completed Phase I of what their management intends to be an aggressive mineral rights expansion program. With assistance from the previous mine owner, specific areas were acquired based upon undocumented visible outcroppings. In addition, both local and international geologists agree that the directional flow of the hydrothermal barite deposits aligns with the physical properties recently pegged and registered with the Zimbabwe Ministry of Mines.

http://finance.yahoo.com/news/lantis-lasers-operating-affiliate-tag-123000608.html

Am I making a mountain out of a mole hill or is there something fishy here?