Re: New news/tweet
in response to
by
posted on
Nov 14, 2020 09:53AM
Combining Classic Mineral Exploration with State of the Art Technology
Thank you very much for sharing that.
It looks like my questions about access have gone unanswered over these last several months for a good reason - there isn't any. There may be eventually, but we do not have it now. I wonder what made Brett finally come clean on this?
When we get access, perhaps the chances for a JV will improve. I can't see anything happening until then.
Also, these new claims seem a very expensive way to avoid securing access across private land, but that is only speculation on my part. The savings in royalty costs could prove enough over time to justify - and even reward - this option. It does, however, make moot the need for all the other new claims as potentially exploitable resources as the claims appear needed to access Hay Mountain, which is really the sole reason for LBSR to exist.
In any case, I wonder how long these additional permits will take? Three months, six months, longer? Hoping no state lands are involved.
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* My wife's grandfather was a foreman at the "Old D" in Globe well over a hundred years ago. The town started as a silver camp then became a copper producer and a provider of the very highly desireable Sleeping Beauty torquise (now mined out). Bisbee too produced desirable torquoise, so this collector is looking forward to owning samples of Hay Mountain torquoise one day.