DEAL soon to be executed on the North Pipes! Despite JB's contentions on tour a couple of years ago, it appears the whole of the NPSP is about to be under the control of another company, leaving LBSR with repayment of expenses to date, and a likely cash flow from there based on a royalty interest.

I suspect that the results of the aerial surveys in the Hay Mountain area are the reason for this change in JB's pervious idea of holding these claims for long term cash flow following sales of other projects.

This is a major even. HOWEVER, I can't find anything good in Genesis Group International Inc., and will have to call on others here for DD to augment my failure to this point.

Moving on to other points in the PR, the setting up of a subsidiary company is a good sign, and something to be expected to maximize returns, and to set up parts of the umbrealla company to be available for financial arrangements/deals of various sorts.

Then, that the company will be hosting a potenital funder in Southern Arizona soon, and that he/they will be accompanied by third parties acting as advisors is a very highly encoraging matter, hence the markets reaction this morning.

Looking good!

VP