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king yukon

05/16/12 5:50 PM

#95270 RE: MineAllMine #95268

M&M You think the REEs were a sidetrack during the geo lab work(?) because that is what happened. Bigger is better and better takes longer. Doing Dd today i read where ALS is a small GEO work shop, but that their work quality was much higher to reflect more realistic results. Reason they posted that point about ALS was because they did a little bit of detective work on ALS comparred to a competator,the competitor came in way ahead of ALS and their results reflected a 10% desperity as to the mineral content of samples. They noted that ALS was extremely thurough with better end resluts even thru the refining stage. I will not give the company name that pulled the sleuth act,but for MIO it fully explained to me why CEO-GEO-JB-Rock Hound not Rock Star would want LBSR rocks to get the best TLC and ALS is that kinda company, i suppose they play lullabyes for them so they will be well rested for the next day.

gempicker

05/16/12 5:58 PM

#95272 RE: MineAllMine #95268

Maybe, but ZTEM doesn't cost that much and they have been able to raise funds from private investors rather easily. There seems to be some dragging of feet going on, which leads me to believe either:

A. They have some entity who is being groomed to come in and JV Tombstone.

or

B. They are awaiting some big event in AK to promote the company to prominence and then move on the financing.

or

C. This is related to EB-5 funding.

IMO, the actions fit with A best. There is a reason HM came to the forefront, before all other claims and out of the JABA vault. Couple in the CT order, the expanding of claims and the high secrecy with Tombstone and it fits. Putting the Fairhills funding on the table adds some leverage for LBSR in negotiations. It would be extremely logical for a potential JV partner to continue negotiations at various stages, including subsequent to geochem findings and subsequent to ZTEM results. I would suggest however that the best leverage for a potential partner comes in BEFORE ZTEM.

The REE aspect sweetens the deal and note they specifically state it isn't asociated with the porphy, which now makes this whole region a potential hotbed. If REEs are in S AZ, then we can see even more attention to the region.

Mars Attacks

05/16/12 6:26 PM

#95278 RE: MineAllMine #95268

Whats going on here? The company says it depends on thunderstorms and now its not thunderstorms but 3 months from now but according to the PR it should have been last month weather permitting? This is starting to stink.