No matter how many times you repeat your opinion that LBSR is being too "rigid" in issisting upon a 5-year confidentiality agreement, I will respond with my opinion that you are wrong.  5-years is typical.  Offers of 2-years come from sharks.

Had the company opened it books two+ years ago to such an agreement, potential claims JB had/has in mind could well now be in other hands, and Hay Mountain drilling would be just where it is today, waiting on funds.