vp
posted on
May 22, 2014 11:59PM
Combining Classic Mineral Exploration with State of the Art Technology
VP, I find your posts very informative and you obviously has some valueable knowledge about this industry. With that being said, I find this company to be exasperating at time. I've owned this stock for 3 years and I am trying to be patient. Over those 3 years we have drilled once in Alaska. The results of the drill samples was never really passed on to stockholders but must have been good because it paid off the debt to ND. Then suddenly we LBSR switched projects and went to Arizona. Now with the Tombstone project it is pushed back again another month...which means that drilling is pushed back. I was looking and in 2012 the stockholders were told we had funds to start Phase 1 drilling. I believe it was July 2012. Now we are almost two years later and realistically looking at another 3- 6 months before any drilling or results. LBSR is testing shareholders' patience that's for sure.