There is a lot of verbiage describing, among other things, a lot of the scientific efforts used to further define the Hay Mountain targets. All of the previous- be it gelological, geochemical or electromagnetic- i.e. ZTEM- had already been undertaken by James Briscoe- as well as the commisioning of the valuable SRK evaluation of such. The result of those efforts, as well as Mr. Briscoe's efforts to complete the long and arduous permitting process finally brought us to the point where targets were ready to be drilled. Since then, under BG's watch, time and money has been wasted on additional costly but unnecessary new studies- as a kind of busy work excuse to make the lack of drilling seem more palatable. "At least something is being done- we're busy- not just sitting idle"- as it were. There have been new board members and geologists- (see Wilson and Guarnera)- who have made- what contributions?There have been grandiose statements and money spent on additional acquisitions- which would be fine- except that - - - they are pointless if the original Hay Mountain targets don't get drilled.

We need to see progress on funding deals, the lawsuits obviously need to be dropped (which are especially ludicrous when considering how much money ( see F-15 Note 12) LBSR owes Mr. Briscoe and more, rather than vice a versa- hmmm- maybe that's the point), and we need to stop wasting money on more surveys and investigations. It's all been done. Money needs to be acquired and then spent on one- and one thing only-- DRILLING. Obviously.