Re: ground studies
in response to
by
posted on
Jul 21, 2018 07:33PM
Combining Classic Mineral Exploration with State of the Art Technology
Both you and Dshamen have validity in your messages. I think along the similar lines some days, like "What is really going on?" I dont quite have the amount of shares you have but Im not that far behind. Nobody wants to loose money, we want to grow money, thats why we invest. I wouldnt be suprised if each and everyone of us hasnt, at least for a brief second, thought of cutting the cord and taking our loss. We are patient, to an extent, waiting on that big day when we see the release that LBSR has signed an agreement with a partner. I think it will come, and maybe not as sonn as we would like (like yesterday) but soon. I have thought those same comments Dshamen posted: If theres such riches in the ground, as previously stated- up to a possible TRILLION dollars, then why hasnt anyone jumped at that? Why doesnt JB have to carry a stick to beat people off of him trying to give him a couple of measly million dollars (in comparison to the potential- a couple miilion is not measly by my standards, Im hoping I can somehow get that in a return on my investment). I think the answer may be it seems to far fetched that that amount of money can be in the ground at this day and age. All the big discoveries have been made and JB is imagining things. But Im sure thats what they thought when he talked about Alaska, I am sure thats what they thought when he said Hay Mountain was part (? I forget the exact words) of a caldera. When the guys up in Hemlo Ontario Canada found all that gold no one believed it was there. No one expected Canada to have diamonds and now, I think, theyre the 3rd largest producer of diamonds. These things tell me that, yes, alot of large discoveries have been made in the past, and by logic that means theres less to be found. However there are still some big discoveries yet to be made and I think LBSR has one in Hay Mountain, thats what my money is betting on anyway. So why hasnt JB done much since February? Monsoons? That would be headline news. George Strait would be a prophet with that song about ocean front property. My thoughts on this are: Maybe he doesnt need to. Maybe someone has seen all the data they needed to see and theyre working on the structure of the contract right now. I dont have a clue how long these things would take but even contracts we do on an individual level can sometimes take 3-6 months, and if the government is involved it can take even longer. I have had my doubts, each of us have, but in the recent volume explosion I would rather be the one buying than selling