ZTEM was flown over the claims of Tombstone Exploration at the same time as the Hay Mountain area claims.  Some of those claims of Tombstone's had signatures similar to Hay Mountain and just as deep.  Tombstone ran out of money and abandoned those claims, opening their part of Hay Mountain to be acquired by LBSR.  That was the 5-year process that concluded with JBs ouster and BIG taking credit for the acquisition when it finally came about.

Before that came about, work by JB and JC concluded that there was a mineralized skarn on top of the lower copper porphyry.  This could well mean the economic mineralization is much closer to the surface than initially thought, increasing the potential for early production at Hay Mountain and its desirability among potential partners.  It should have become a "no-brainer" at that point, but efforts to market Hay Mountain based on these newer findings have not been successful.

Is the problem the markets, the property, the personalities, or some combination of these?

And if I am not mistaken, ZTEM is not helpful in exploring precious metals.  There is a different level of reflectivity if that's the term.

VP