The Agora interview with Jim Briscoe
JB is relating an interesting collection of facts and interpretations, and putting them in historical perspective. This interview is worth hearing.
When listening, try this:
1) Assume that Jim Briscoe is an honest and competent geologist.
2) Listen as if you have never before heard of Jim Briscoe or Liberty Star.
3) Forget the stream of negativity found on the other board.
4) Listen with interest and concentration.
5) Think about the implications of what's being said.
6) Take a look at LBSR's mkt cap.
7) Ask yourself if drilling money might be found.
Personally, if I knew someone that liked this kind of speculation I would tell them to consider this one. The pattern Jim is seeing rings true to me.
Significant risk, enormous possible reward if JB turns out to be right in his guess that Hay Mountain is on top of a large intrusion that has mineralized limestone beds, and that there is a layer of oxidized ore on top of the much larger sulfide ore. I like this guess, although the outcome is anything but certain.
In the interview we learn something of JB's practical teachers, Kenyon Richard and Harold Courtright. See the National Mining Hall of Fame and Museum, where a search found this:
Quote:
Richard
Kenyon Richard was born in San Francisco and graduated magna cum laude from the ... geologist, and in 1941 he hired Harold Courtright. In 1945, Kenyon and Harold joined American Smelting and Refining Co. in Salt Lake City ... team in the history of mineral exploration. In 1947, Kenyon used leached-capping interpretations to design a drilling program at the ...
Courtright
... He teamed up with his life-long colleague and friend Kenyon E. Richard to produce an exploration record for ASARCO Incorporated that ... His formal employment began in 1941 when he was hired by Kenyon Richard to work at Ely, Nevada, for Consolidated Coppermines Corp. His ...
Richard, Courtright, Briscoe -- boots on the ground geologists
Of Richard & Courtright, Jim Briscoe's teachers, the mining Hall of Fame page has this to say:
Quote:
They were destined to become perhaps the most famous and successful team in the history of mineral exploration.
If Jim Briscoe learned from them he must be taken seriously.
Never forget that although even the best can be wrong sometimes they are right.
I'm betting that Jim Briscoe has good chance of being right about Hay Mountain.
Kenyon E. Richard:
http://www.mininghalloffame.org/inductee/richard James Harold Courtright:
http://www.mininghalloffame.org/inductee/courtright and:
Quote:
James Harold Courtright was an extraordinary exploration geologist. He teamed up with his life-long colleague and friend Kenyon E. Richard to produce an exploration record for ASARCO Incorporated that was described in the 1995 Arizona Geological Society Digest 20 as “…the all-time most successful porphyry copper program.”
—from the page on Courtright