Liberty Star Uranium and Metals Corp (LBSR)

[jtyler]

If the goods are in the ground the mining industry guys should be falling over eachother like clowns filled with cash to advance company operations

Not yet imo, they would only act like that if several stars line up.

Besides all the positive data the mining industry would rather see a drilled pipe results.

Analysis data is nice and all but imo if i was a CEO of a mining company i would say "Oh, that's some good looking data. It is suggesting to drill. So, why don't you drill and come back to me with the results then we will talk?"

Other things to consider is environmentalist and Infrastructure. Usually mining companies don't want to butt heads with environmentalist because they can be a pain in the ass when it comes to setting up camp. Next is setting up camp. What's the cost? how much work and time will it take before we can actually set up production to generate revenue..

So in a sense shareholders eat the bill for now, BUT! if the company is ever to produce positive drill results you can expect a HUUUUUGE kaboom in pps and DEALS just as you stated. At the moment JB is having HM surveyed in order to start the permitting. 30-90days IMO before we see some drilling. More near the 90... considering the pace of the company.

Speaking of environmentalist... they are the reason we have AK on halt.