I should also add that LBSR's Silverbell holdings are IN the monument, but are grandfathered. This means that the claims would be lost to mining forever, should the renewal fees not be paid. So, it could be in ASARCO's interest to JV with LBSR sooner than later, or they risk having to close their operations on decling returns at some point a few years from now.

It's also appropriate to mention here that JB has been an outside consultant to ASARCO at Silverbell since his college days at nearby U of A. In my mind, a relationship like this counts for something, though I'm not sure it's much help for LBSR in the near term.

...wait 'n see.

VP in AZ