Hi, Bill

Assuming your reply to my earlier message was really intended for me, and not to the company via the Argoracom site manager, I am pleased to offer my perspectives as a fellow shareholder.

I will also assume here that your handle indicates your profession, so I know you have a very good foundation for understanding how business works in general, even if you lack a foundation in this market segment.

"How long does it take to get a site ready for test drilling - 2 days, 2 weeks, 2 months?"

That depends on the availability of the contractor. The last I heard on this, a drilling contractor could be on site and drilling in a couple of days.

"Once drilling starts (and assuming Briscoe's stated use of the mother and daughter process), how often are samples pulled out to be analyzed? And how long will it take to reach the depths Briscoe is going down to?"

Again, "it depends". I have seen many projects where lab reports begin to be seen within 4 weeks of the start of drilling. My best guess is that that will not happen at Hay Mountain, where it could take months. The reason for this is in the complexity and variety of minerals for which samples will have to tested,. As I seem to recall JB saying he will not release partial results until returns on RREs are available, that could consume 3-4 months, or more.

Also, and if the US is like Canada, the project manager may ask the lab to withhold results to completion of the program, or to intervals leading up to that time. In any case, the project manager can not sit on these reports once they are in hand.

Meanwhile, the stock should keep climbing as expecations build.

"About how many testing sites are usually operational concurrently?"

As I understand the plan at present, there will only be one drilling rig on site, so that means one hole at a time.

"If a site proves worthy of actually creating a mine, what is a rough time frame for doing that?"

LBSR stated that from their recent overseas tours, investors want no more than a 7-year time line from the start of drilling to the commencement of production. On a global scale, that is a very optomistic expectation, but possible with good planning and benign justisdictional oversight, which we should expect from the State of Arizona.

"I have friends in Phoenix and at some point might like to visit LBSR's property, but I assume there really wouldn't be any point in that before actual mining begins. Do stockholders do that sort of thing? Anything to actually see?"

You may be able to arrange a site visit by contacting investor relations, and I'm sure you will be rewarded for this despite the level of progress at whatever time that may occur. I've done this, as have a few other shareholders on these message boards. The availability of personnel, of course, will effect any timing in this regard.

Keep in mind that a company arranged tour will not just include the drilling site at Hay Mountain, but visits to other locations that support the concept of Hay Mountain/Tombstone as part of the Bisbee geological complex. If you do this, please try to take along other people - investors and/or prospective investors - to make the company efforts worth their while.

Hope this helps, and thanks for posting.

VP