There seems to be some confusion on two issues regarding LBSR that maybe the company can clear up:

1) The update of 1/20 states that drilling permits should be approved in "20 to 60 days." But a "season's greeting" message from Mr. Briscoe gives the impression that those deadlines may have been written earlier and there was some delay in the release of this update. Can LBSR comment on this? Even if the 20 days began on the day of the release, we are nearing the 20 days so any general interpretation would be welcome.

2) The map of Hay Mountain produced by LBSR includes a very large green outline labeled as an REE anomaly. There seems to be quite a bit of heated discussion regarding the interpetation of the company's mentions of REEs, including some that question the integrity of the company. As far as we know from public communications, there has been little actual testing for REEs so far and the only conclusion drawn to date (that is not confidential perhaps?) is that there are traces of three REEs. By actually labeling the map with the outline and using the term "REE anomaly" what can be deduce about LBSR's beliefs on the presence of REES here? Does the word "anomaly" indicate any connotaion of implied or inferred minerals or is there no actual technical meaning that we can infer? thanks for shedding light on these two issues. I remain a shareholder and have every confidence in the company and its management.