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11/16/10 7:39 PM

#37289 RE: HKipp1 #37286

thanks for your thoughts, hkipp1 -- i am very encouraged to know capital from foreign countries is being pursued. rather than LBSR going it alone, and since we've already got the ZTEM in AK, it may be more efficient to have these investors bankroll the drilling and then give whoever ponies up the cash a seat at the table in a JV.

in AK, obviously, HDI would have right of first refusal, and in S. AZ it would be much more straightforward, with the exception of us still needing ZTEM for those projects. perhaps this is what some of the current funding will be put towards.