Re: Jim Briscoe discussion of LBSR facilities: current and planned
in response to
by
posted on
Jul 09, 2015 08:49AM
Combining Classic Mineral Exploration with State of the Art Technology
Even more than fascinating- this enumeration reveals a wide ranging, sophisticated, elaborate and intensive ongoing effort, that is in operation behind the scenes and generally hidden to us. It gives lie to those sniping posters who love to portray what goes on at LBSR as some lonely guy hanging out all day in a home office, feet up on the desk and twiddling thumbs. That couldn't be further from the truth. Instead, it shows JB to be a shrewd and frugal manager who has managed to mount an extraordinary and energetic world wide effort- not only involving geologic exploration, but also ingenious and insightful geographic, historical and scientific analysis. It is an effort that ranges world wide and involves and is connected to many sophisticated and knowledgable participants. It is actually amazing that all this gets accomplished on essentially a shoestring- to his credit.
It also bolsters the case for voting yes for the share increase. As unfortunate as the necessity for this is, all this would come to a halt without that yes vote- unless that's what you want. It's clear, that, despite the best of efforts, market and economic forces make this an uphill struggle. But, personally, I would want it to continue. Although not assured, I think it likely that eventually this level and quality of effort will result in success.