"Knowledgeable..."
It seems simple to me; a knowledgeable partner is required to properly assess the true risk/reward fundamentals.
I know some venture capital people who are *ahem*, 'less than bright' in the larger picture context, and plenty of them are making a killing in the emerging pot market. They are simply not capable of speculating on a deal of the magnitude necessary to divvy up Hay Mountain. Uncertainty is the one commodity nobody wants.
We need a partner who can see the geology, interpret the proxy data, weigh in the expertise of the BOD, SRK, all taken in mind of the inevitable equity rollback and the burgeoning demand for PM commodity assets that will accompany the correction. Meanwhile Cu trades in a solid zone that is at multiples of the 5-year low. I still think someone will want to drill Hay Mountain, especially given the historic grades of assays culled from nearby sites.
Go LBSR!
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