Commentary
posted on
Oct 29, 2015 12:15AM
Combining Classic Mineral Exploration with State of the Art Technology
"Three years later and yes some of these 800 juniors have now thrown off this mortal coil, but not as many as anticipated. For my money I think Kaiser’s main message was bang on target. All it will take is someone somewhere to make a discovery and give shareholders a ten-bagger win in one day and the whole thing will rise like the Phoenix from the Ashes. In the coming months I plan to do a historical focus on the junior mining discoveries that catapulted companies from zeros to heroes: Eliot Lake uranium, Hemlo gold, Eskay Creek Gold, Pierina Gold, Voisey’s Bay Nickel, Lac de Gras Diamonds and my own Fruta del Norte gold story."
http://straighttalkonmining.com/premature-burial/
Oh, and check the author's bio. too.
Note that his observation about what it will take to change the currect state of the market for miners is similar to my own - a major discovery -, and mentioned here even in the last day or two. In short, the market is just waiting for something to set it on fire, and it doesn't have to be higher metals prices (as miners are so badly beaten up), though that would help. I'm thinking Hay Mountain could do this, if something else doesn't break, newswise, first. Even then, good news from Hay Mountain will carry it along with the flood.
As they say, "A rising tide lifts all boats."
VP
Oh, and what's doing with LBSR many other projects? We may have progress reports from Hay Mountain to look forward to, but there is so much more going on, and all too quitely behind the scenes.