Re: Valuepro's research posted on SI - interesting - example
in response to
by
posted on
Mar 26, 2016 08:30PM
Combining Classic Mineral Exploration with State of the Art Technology
"...i think JB could up his conservative 100 "B" statment."
I don't think so. JB already knew about moly when he guesstimated 100B at Hay Mountain. The only thing since then, and it's something really important, is the newly idenfified skarn depost at and near surface.
As I also pointed out in those postings at SI, it appears the gold could well be in second place among minerals to come out of Hay Mountain, should it become a mine.
So, yes, we are talking about 100B+++ for the whole of the mineralization in that area, if JB proves to be correct.
However, LBSR does not have claims over all of the target area. Parts are unclaimed by anyone for now (I think by LBSR for financial reasons), and the remainder is controled by others to include, I think, Tombstone Exploration (TMBXF).
VP