Liberty Star Uranium and Metals Corp (LBSR)

[onemessageonly]

If they found anything of significance, that usd 3million would be applied to the earn in, and the venture would be complete at that stage.

If Liberty Star is under the umbrella of hunter Dickinson before hand, all is good. Only a small amount of money under a specific condition is needed for Hunter Dickinson to essentially control Liberty Star Uranium.

No other company can currently take control of Liberty Star because of the agreement. The loan would be considered in default. If another company stepped in and upped the agreement, Northern Dynasty has a right to counter offer.

If Hunter Dickinson(affiliation) would fund the company, secured by Arizona properties(Liberty Star Uranium), and a specific arrangement was made with regards to management(control), then there is no "buy out", it's simply a change in structure. The company needs roughly usd 300,000 in about a month or so. A small amount of financing could be arranged with attachments(security and corporate). You could see a similar agreement with smaller amounts applied. Then it's a done deal, and all that is left is fruition.

This is my best case scenario, and I have said this before, you won't give a damn about any drilling if such is applied.

How cheap is this security currently? Unbelievably, dirt cheap.