REPOSTING from a few days ago, with edits and additions.

Why I'm betting on a very significant mineral discovery coming soon to Hay Mountain - and it is a bet, not an investment.

1. Caldera theory suggests more Bisbee-style wealth should exist in this area, especially in rock of the Bisbee formation (like Hay Mountain).

2. Aeromagnetic surveys suggest this.

3. Geochemical surveys suggest it.

4. ZTEM suggests it.

5. Outcropping mineralization holding bonanza grades suggests it - up to 22 percent copper.

Too many suggestions here for knowledgable persons to dismiss the evidence! Scoffers are ignorant or lying, IMO, and have no comeback when presented with the fact that highly regarded 3rd party consultants urge drilling (and that goes back to before finding copper and iron in stockwork at surface).

As an aside, I sense mining speculators are hungry for the kind of discovery that comes along only a few times per century, the last one being Diamond Fields Resources, which rose from 50 cents per share pre discovery to a split adjusted 144 dollars in just a few years back in the 90's. They too found outcropping mineralization (a gossan), but in their case it became the word's largest and richest nickel discorvery (with some copper and other metals in the mix). It's time for another discovery on this order of magnitude, and Bisbee rock has done it before.

http://lasvegassun.com/news/1996/apr/05/battle-for-huge-nickel-find-in-canada-ends-in-take/

In these cases, the price of metals almost doesn't matter, profit is built-in for decades and throught many mining and economic cycles. In other words, the miserable state of the metals and mining shares markets will not hold back a rush here, should there be a discovery on the order of our expectations.

Rhetorical questions. If a Bisbee or Diamond Feilds-scale discovery is made at Hay Mountain, what percent of it will LBSR be holding by the time they sell it, and move on to other projects? From pieces they may sell early-on, what other major discoveries will have been made with JB's proven innovations in exploration? How many spin-offs will come to past in the coming years, and decades?

Call me a dreamer, call me "trumpian", but this is what I see.

Careful, though, don't bet the farm.

VP