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Message: Big Chunk...

"...Big Chunk is on hold now and part of it was given to NAK to settle the debt with them correct?"

Yeah, that's right, although litigation is keeping the deal from closing, so it ain't done yet.

"There still is a big chunk of land worth exploring at some point right that LBSR owns?"

No doubt about it.

"I know people have speculated and I can't recall but is the assumption that LBSR uses profits from Hay Mountain to advance Big Chunk?"

I don't think anyone outside of the boardroom really knows for sure, but I doubt it (for now anyway). I think the politics surrounding Pebble is such that no one in or around that watershed will be able to move forward without a change in who the EPA answers to.

IMO, Hay Mountain will keep LBSR busy enough, but if they have the where-with-all to begin other work, I'm thinking they will just keep busy in Arizona for the next few years. After all, did not ZTEM reveal 10 targets in the Hay Mountain area? And is not the Walnut Creek claims (adjacent to Tombstone townsite) also knows as the Tombstone Precious Metals Project? I'd sure like to see what one core from there will show. Then, folowing JBs hints, there are other possible claims yet to filed around Tombstone - 1,122 miles of ZTEM data.

"Just wasn't sure about the status overall of Big Chunk."

Your not alone in that.

Cheers,

VP

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