Don't know what you are looking to hear, and I don't know what level of "expert" you expect to hear from, especially when your question is rather unspecific, but let me say this.
Not every pipe in the mineralized portion of the Arizona Stip is mineralized with uranium. However, LBSR owns some 434 targets of 1,296 identified by USGS, but a lot of those other pipes have been withdrawn from availability for exploration.
Odds are LBSR has mineralized pipes, and they will drill some blanks too. Also, according to USGS, and I posted the links here once before, the average mineralized pipe in that area holds about 3.5 million pounds of uranium, worth a present some 192 million dollars. Now that doesn't sound like much, but it can be mined at very exceptionally low cost. Then, if you have 5, or 10, or 20, or 40 or more pipes that are mineralized, you are talking a lot of money, even if you hit a few blanks.
Here's a presentation on the area play that may answer more of your questions, and appears to come from "experts".
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