When a company talks about novel mining methods that will be used to mine an as-yet undiscovered orebody, it's a red flag. When a company talks about a potential REE discovery (in Arizona?), but won't disclose a single geochem result, that's a red flag.
Oh well, it is all becoming a moot point. LBSR just raised their AS from 1.25 billion to 6.25 billion last week. I think it is predictable where this is headed. Of course, the longs say the dramatic raise in the AS is so that potential JV partners can be paid off, to fund the drilling. Uh huh......sure.
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