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one4theroad

04/29/11 2:05 PM

#55586 RE: leifsmith #55582

Excuse me, LBSR is simply a lotto play, I mean with all the "what ifs", and thats all there is to go on currently. It has taken Briscoe many years to get this far with all the "fortune" in the claims, what does that say? SRK is one of two lifelines keeping this thing at .03, but again, many many years this has taken to unfold so ask yourself, why with so much "potential". There are many answers and I leave that to your best judgement. Look around at all the other jr/exploration companies, many are nothing but hopes and dreams wich is all just fine, don't get caught up in the rah rah........
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amigo777

04/29/11 2:06 PM

#55588 RE: leifsmith #55582

Sorry Lief..didn't know you were learning. All Calderas have mineralization to some extent in the outer edge..some have huge mineralization - like Pebble and BCSP. The same goes to the Bisbee Porphyry in AZ. Tombstone is a Caldera AS CONFIRMED by USGS.

When mother nature spits out that molten lava when a volcano collapses into a caldera, most minerals get disseminated as a ring formation. This is a well proven theory. Please refer to USGS web site and search for Caldera.