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gempicker

07/07/16 4:37 PM

#163338 RE: tpecj #163337

LBSR would be bought out of their position long before any mine.. If JB thesis and geology is correct you will have significant bidding for the multi year delineation drilling. At some point during any mine planning the whale players will consolidate the small fish, although LBSR has accumulated quite the tax write off...

LBSR's equity could be worth 100s of millions to several billion without even a mine functioning.

First thing is to drill test the project and move from there.

Absolutely nothing. Be it the price of copper or the ACME geologist opinions matter except to drill!