I keep getting the feeling from verbiage in the last couple of NRs that the goal now is to fund further channeling, 3-D modeling and then drilling at RRC to "generate a resource as gold prices reach new highs". And then this resource will be generating funds to drill at May Mountain. In the NR about Gerardo King, he was quoted as saying that LBSR would "launch a near-term, high-grade precious metals cash-flow generating platform while we consolidate the vast value of our copper property." Not sure if "consolidating" translates to postponing more money going to HM until RRC begins drilling to make money, but that is what it sounds like. Repeating myself here again, but I get the feeling there is not even a drill on site at HM right now.

My apologies if I'e ever said Geraldo instead of the correct Gerardo