Replies to post #124226 on Liberty Star Uranium and Metals Corp (LBSR)

[ghostinthemirror]

This is a great post. I agree with every bit of it.

[one4theroad]

http://www.libertystaruranium.com/wp-content/uploads/2013/05/Hay-Mtn-2-pg-summary-v5-20130519.pdf

Chances of putting down a few holes in the wrong place are pretty high. Chances of drilling in the right place but not deep enough are pretty high.

Correct me if I'm wrong but is LBSR not stating they have "drill ready" property/targets?? Kinda contradictory to the many opinions of ZTEM being a "must have" is it not?

According to the link posted, goes along with the thought of scrapping ZTEM and drilling some holes. What the hell is the thought process here with JB? Is it that the ZTEM necessity is being overstated? I would say so, if not, then why would they state "drill ready"? To me that means locations have been analyzed, no further geological work necessary, and drill targets have been identified and await a drill bit.

I would like to see a business plan further developed aside from the estimate for any sort of ZTEM. How about the logistics for and estimated cost for drilling? A bid estimate if you will. I'm really curios to hear of what it might cost.

Considering that further dilution is inevitable, so be it, but let's see some responsible actions with any funds raised. A more in depth business plan with options for B if A doesn't work out, etc....

I'm all for success in any forms of business, I'm totally against doing it completely on the backs of others with the likes of sub-par business decisions, and personnel that are way out of their area of expertise and if that is what LL was hired for, well, we know that outcome thus far and would refer back to the previous sentences on this subject.