Replies to post #124289 on Liberty Star Uranium and Metals Corp (LBSR)

[leifsmith]

My quote is taken out of context, I hope not deliberately.

What I said is:

WITHOUT ZTEM the chances of putting a drill down in the wrong place or not deep enough are pretty high.

That puts a completely different meaning to it than is implied by what you quoted.

With ZTEM the chances of hitting a major deposit with only a few drill holes are very high.

I think this is the greatest reward to risk ratio I've seen.

[Eli's Gone]

Money aside--can they drill right now?..sure

odds of success---hit and miss

kinda like fishin'...

we now know there are fish in that lake-JB's work has brought us to the water---heck, we caught one before and might even catch another...

but if you do it for a livin' and want to get paid----better get a fish finder :-)

[g4gold]

are way out of their area of expertise.

like the bs on this board

[leifsmith]

I think the way to understand "drill ready" is to see ZTEM as a necessary first step in the drilling process, needed to exactly pinpoint the locations. I don't like this kind of explanation but can see why they might use it -- too complicated to explain ZTEM first, immediately followed by drilling.

Shorthand is "drill ready" - ZTEM is part of the drilling process.

I would be surprised if they are trying to tell us that they may skip ZTEM.

However, it wouldn't be the first time I've been surprised. Maybe the best placement of the drill holes is more obvious than I've assumed it is. Doubt it, but could be.