The new projects like this are not helping LBSU's share price. Just makes it appear that they have no focus whatsoever. I thought this company was focused on exporing for uranium on their Arizona Strip claims. That of course was after it was the company that was exploring for gold/copper/moly in Alaska, as the "next NAK" seeking the "next Pebble". Now it looks like it's just the company that fails to find anything, but always has some new "pie in the sky" to make up for the dissapointment of not finding anything.

LBSU's property portfolio looks interesting, but I wonder if it would fare better under new management. I give Mr. Briscoe a bunch of credit for putting together some interesting properties, but at the end of the day it's about finding something that's economically viable to mine. The share price now seems to indicate great doubt that any worthwhile minerals will be found and extracted. And here we are in the middle of a worldwide mineral boom.