"Read on LBSR website that a drilling program was implemented in 2007-2008...does anyone out there know what the results of that drilling were??"
To my understanding, the partner never lived up to their obligatons, having had problems with drilling, and they just walked away.
"Wondering what a stand alone JV for that project might do to stock price by itself?"
If this program turns out as earlier speculated, it will involve but one breccia pripe - or maybe the "triple pipe" feature -, in which case I would not expect this to move the PPS much at all, at least not until lab results are out.
On the other hand, maybe this is larger than was expected. More wait 'n see.
VP