"The BOD is also aware of potential and risks, to date they have not come to the table for drilling funds."

You mean, "not come to the table to offer funds"? Technically that is correct, saving for one board member having bought stock. Otherwise, board members already have investments of time at risk here, and lost stock options. Moreover, JB has differed collecting his salary for years on end, and he has given more than a few claims of his own to LBSR since the early days the Big Chunk story (including Hay Mountain).

Yes, I said "given". He could have well made separate companies of these other claims back during better times in this sector, and initially paid himself a salary, but didn't.

Do these things not constitute investments in the company as much as is the stock you bought? Do these things not already put the BOD " at the table"?

Beside, a fundamental principle in business is OPM, Other People's Money. One doesn't put their own cash at risk where avoidable. This is just the way public companies work - OPM.

So, what you are asking/suggesting is quite out of the ordinary. Pull out your BUS101 text.

"Well it certainly would be a welcome event that one or more of the BOD funded the initial drilling, no mentioning of this has transpired?"

"...a welcome event"? Of course, but not be expected. Again, that would be out of the ordinary, not only for this sector, but for public companies in general.

"...no mention of this..."? It comes up from time to time, and gets the same kind of respoonses.

Hope this helps.

VP