No, it seems that the drilling is put off again, this time because the State of Arizona asked for a new acheological survey. The PR suggests that that may be done in a couple of weeks, but goes on to say..."Liberty Star should have drilling permits for the Phase 1 drilling project (the 1st year) within approximately two months and to be ready to drill as soon as funding is in place and equipment can be mobilized to the site by our drill contractor."

Exploration mining stocks were most all slammed down early in the day, but some few recovered in a spill-over effect from dramatically higher prices for producers as the day wore on, thanks to news from the Fed.

LBSR may have been down today because the PR indicated another delay in getting drilling permits. That's just sillyness, in my opinion, because all that really matters is having a partner, and finding a partner is not subject to permits (though getting the partner to spend money is). And, as I said, other explorers were beaten up today too.

Tomorrow is another day, and now we may have a turn in market sentiment working for us too. Let's see what happens.

Cheers,

VP