Wesley, krm is right. EPA has complicated progress for most all mining companies in the last several years, especially in the Pebble Mine project area, which includes Big Chunk. The result is Big Chuck and Pebble are pretty much on hold pending a change in political oversight.

Fortunately, LBSR had already been making progress in southeastern Arizona as things were "turning south" in Alaska.

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I just had a side thought/question for discussion. I wonder if it possible that as the current administration is about to leave office, if the Pebble drainage could be declared a National Momument? That's what Bill Clinton did to some prospective mining regions as he left office. That became the largest federal land grab ever.

If this happens, Pebble itself may be grandfathered, but being surrounded by National Momument would further complicate permitting, both politically and technically. This would be very bad news for Northern Dynasty, who own Pebble, but it could also (and quite dramatically) push up the value of the larger parts of Big Chunk which are in a different drainage.

VP