Hi KRM

Thanks for the kind of good news about that just only $150-$200,000 is needed to get
started and drill the first target hole. But you mean just one hole out of 12 holes or only
that money is needed for all 12 target holes.
Also I would like to know how did you get that financial information from LBSR that only
$150-$200,000 is needed. If it like that the Hay Mountain phase One drilling project it
could start any moment and we all hope its like that.

Thank you again for your drilling funds information but still waiting for JB&BOD for their
drilling news hope is as soon as possible.

lvargas