All the time, and it is always a red flag when a US-traded company starts talking about doing a 43-101 as if that's what they need to do to show credibility. Unless they are dual-listed in the US and Canada, or have intentions to apply to be dual-listed....it is a sure sign that they don't know what they're talking about. LBSR needs to follow the SEC guidance in regards to technical reporting, not the NI 43-101.
The question is......are the PRs about contracting with a drilling company and a geologist the serious beginning of actually doing some exploration? Or just a ploy to sell shares? I think the latter. After all, the toxic noteholders could always use a little help to sell their newly-minted converted shares.
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