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02/07/11 11:43 PM

#48038 RE: Milo2 #48035

This is where it has gotten really interesting and has become a thrill to tell you the truth. We all who have dug up this much DD as you can see, Mr. HKIPP1's work with his son here, did an incredible amount of work. The outcome of the result of such work remained tight lipped by NAK/LBSR.

Per circa, 2005, JB definitely KNOWS what he owns, yet again, per his recent SEC filing, ores have to be proven and verified, and that is the law that we all respect. Good thing, though, in Canada, inferred reserves can be accounted for some forms of assets still in the ground, which is why we are all waiting on NAK's NI43-101 so that the lands that were ZTEMed (JV LANDS LBSR/NAK) will be talked about in that NI43-101.