http://finance.yahoo.com/news/tombstone-exploration-corporation-contracts-zonge-130000314.html

Tombstone Exploration is LBSRs neighbor at Hay Mountain, but they haven't done much there since identifiying a few deep targets by ZTEM over recent years. Several months ago, and probably given the expense in drilling deep targets, they shifted their focus to the Eagletail Mountains east of Phoenix, for what would be a much smaller, perhaps near surface deposit that could have the capacity to generate cash flow fairly quickly.

Given they have just now retained outside consultants for geophysical studies, it looks like LBSR is well ahead in the race for meaningful progress reports.

At this point, TMBXF supporters should become more friendly than ever toward LBSRs work at Hay Mountain, because success there means "closeology" benefits (i.e., higher share price) based on their bordering Zerbra claims.

In other words, the near-term and future financial success of LBSR will have direct parallels to that of TMBXF, though TMBXF will not benefit as well, assuming successful drilling at Hay Mountain soon.

As long as we are on TMBXF, they are tied into EuroGas which may be beneficiaries of having their rights to a talc mine in Europe affirmed by courts in Slovakia. However, the holder of the property is not returning it, nor working towards a settlement. As I understand it, EurGas is asking in settlement 3.2 billion. But, Slovakia is like Venezuela at present in that courts and international agreements get no respect, so I would not expect any help soon on that front.

http://eurogas-ag.com/1-1-Home.html

VP