Replies to post #82853 on Liberty Star Uranium and Metals Corp (LBSR)

[infiltrader]

I agree drilling will be exciting, but funding is the name of the game here IMO.

Take last summer for example, JB released the Ztem summary as cash was all but exhausted. Maybe an effort to attract any last minute deals before he accepted the Nak offer. The pps didn't do very much and we continued to run out of cash. But when the lowball deal was excepted not much later, we skyrocketed.

Here we are again, running out of cash. JB has taken the Hay mountain and BC claims down the line as far as he could with the cash brought in, and has secured our remaining claims. Now he releases info once again as we come to a point where we need the next round of financing to advance the claims.

Point of reference, it was a month and a half after releasing the Ztem summary before JB accepted the NAK deal.

JMHO

[lilpuppy6]

Agreed. With financing and drilling schedule in place and amazing drill results yet to come....LBSR will go Violently Vertical IMO.

[king yukon]

Thats sounds GREAT amigo777,but they really wont go into the core necessarily. The normal thing for them to do is put up a fenceline, they will usually start from the edge of an economical perimiter,attempt to drill in defining areas proior to core and depth. Annalogy,lets say the core is a SOLID block of GOLD sitting by a solid block of SILVER that are each a perfect cube. Funny, they can now tell the world that their "CORE IS" pure elements. But in reality the core may just be 2 cubes that are the size of a schilds school desk. Even though that is exciting it does not tell them how to PLAN a MINE. Well they could put an elevator shaft down there to get the 2 CUBES. Nice dreaming but not so usful in the "PLAN the MINE' strategy. Just as infiltraitor mentioned that the indications are west of the PORIFFS, it could also be that JB that (SNAKE) intentionally wanted to find areas as to where the SUSPECTED PORIFFS were not, with the intention that they may be very surprised! Geologists have an methodology that is very "MADDENING" very methodical. Taking baby steps in that annalisis PLAN. Dont it drive you CRAZY!