Re: NO POLITICS /// And UV Study
in response to
by
posted on
Jan 10, 2021 11:24AM
Combining Classic Mineral Exploration with State of the Art Technology
The evidence of the harm coming to miners, I belive, is in the price of oil. It is up over 50 percent since the election. Why?
More than likely it is because the incoming administration is sworn to stop issuing oil and gas drilling/extraction permits on federal lands. If they follow-through, that will eventually move the US from recently being the world's most important exporter of these fuels - for the first time in 60 years - to once again being dependent upon imports.
If so, how can anyone believe that such will not be extended to minerals as well?
This is why my newer mining investments are limited to Mexico, Canada, and Australia (making exceptions here for the very few miners/explorers who have fee ownership in some or all of their holdings).
////
On another subject, can anyone explain, please, why a UV study over Hay Mountain could possibly result in any economic benefit to LBSR? UV light causes certain minerals (and scorpions) to fluoresce, becoming visible to the naked eye. It does not see below the surface, let alone hundreds of feet below the surface.
Even so, I've explored lists of minerals capable of fluorescing under UV lighting but can't seem to find anything of much commercial interest. Maybe I've missed something, so I have to ask if anyone else here has looked into this?
VP