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king yukon

06/07/12 10:47 AM

#96680 RE: deadjim #96678

DJ, They cant get close to their goals, they have to be accompolishing them. I think you mean close to some of them and accompolished in others. LBSR would be doomed to failure to be just close. You know close is "HORSESHOES"! In life close is TU_DS as CJ has said. Or close is nill,zip. Once HDI/NAK got on board we got onto safe "ISLAND",not a mirrage in the Desert. Going forward, JB&BOD, must ZTEM,JB&BOD must DRILL,JB&BOD must get a JV or start up our own PRODUCTION mill with proper commercial loans. One thought (LOGIC),remember the 100,000 tons of HIGH quality ore from the HAY MOUNTAIN (?),do you, because the reports so far state that the HAY MOUNTAIN poriffery is very near surface and of very HIGH ORE content! That would mean that commercial financing could cover 500,000 tons from shallow ore,pay off debts,then the rest of the project could be self sustaining,(LOGIC) from my reads that is a direction JB&BOD are headed for. Heres the only exception where they can come close. They may get a great commercial financier to work with them after the bills are all paid off,which brings me to an AHHHH HAAAA moment! Who in our past dealings has been involved heavely in BANKING? Only one answer. Remember the guy that was ahhh big in mining in companies! Do you think that JB only had a bag or a handfull of rocks to take with him to NYC? No he had some high quality ore and he had the track record of the 100,000 tons mined at HM. Thats where the PLAN hatched, accross that desk and to this day they have not even come close to target dates and acchievements, they:JB&BOD "BULLSEYE"! So close dosent count,"SPOT ON" is the way it has got to be.