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blue finch

07/10/12 10:32 AM

#100119 RE: gempicker #100115

gem
i'm not so certain that a JV is in place
he said a few companies that said no in the past are inquiring again and he said there is a chinese company but wont get involved in grassroots
in either state
i do think brisco has picked up enough money to get started
it always helps to get alot more money though(obvious)

thats my uncertainty

i hope to hear more as the tour progresses
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deadjim

07/10/12 10:38 AM

#100122 RE: gempicker #100115

I say the tour was nothing more than a CEO attempting to send a signal to his shareholders... I've seen it before.. never really on OTC, as I don't really pay attention to OTC as much, but that was my impression.
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stonemountain

07/10/12 10:55 AM

#100131 RE: gempicker #100115

The obvious before what is drilling. After hearing his presentation, I'm very confident that he knows where to drill for results. Nothing is a sure thing. However, I think he has a very good idea as to where to poke holes to find the goods. The science behind him is impressive and relatively new. ZTEM has proven itself many times over and many more companies are using this technology now, including NAK. The new software for the ZTEM that is being utilized over existing data will just better the odds for accuracy when we go to drill. As far as other what fors... He certainly expressed the asset value of relationships with the natives and concerns over who we dance with. Reputation goes along way towards mutually beneficial endeavors. It's more than money to make this happen. Just look at NAKs situation, and you can see that. Before what? Good question, he is working all angles to make LBSR a success. All in my humble opinion of course.
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bluebird50

07/10/12 11:03 AM

#100134 RE: gempicker #100115

If he had funding in place he wouldn't need to sell shares to let shareholder reap reward - he would just let shareholders reap reward...

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learningthetruth

07/10/12 11:04 AM

#100135 RE: gempicker #100115

Yes-JB is providing long term LBSR shareholders a great favor-JB is loyal and knows he owes LT shareholders payback. He has a really, really, really, really good idea what is in the ground and it's going to be proven shortly.

JB is honest, ethical, loyal and a stand-up gentleman.