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fantastic
but we will see
again
we will see
hi ky
good that you bring this up today as this is one of the possibilites out here
we just can't pinpoint what it will be if liberty doesnt give us better clues
nice this about this stock is that if nothing happens
the minerals will still be in the land there for many generations
for someone else to take advantge of(UGH imagine that)
well said gem and spot on too
ky good morning
i think liberty has a deal already in the works and has to get it done
we are waiting for that
happy fathers day dude
hawk
ok Gem
come clean now
what other pearls have you uncovered and are holding back on?
jt
i think KY got it right earlier
today
libery is delaying becasue they are working on a deal for Hay
IMO
hawk
greek election is going to cause more losses on wall street very soon
excellent thanks for the update
guys like you are the reason i am here
thanks
I have to figure there is something wrong(timing is terrible)
lots of possibilites
i still hold out a lot of hope though, i'm not budging with my shares and will stay put
i can't quite put my finger on it
good luck
Funny joke.
Did you see a rod now tied for most grand slams ever
And did you see the Yankee record. It's about the same or now better than the Texas rangers.
It's a long season
very wierd quiet coming from the liberty camp these days
as we wait to see what the next move will be
drilling news from arizona =.50
i hope
I know i am a dreamer
no reply necessary from anyone here on Ihub please
Mining M&A Activity Soars
Monday June 11, 2012, 11:30am PDT
By Chad Fraser2 - Exclusive to Resource Investing News3
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4The mining sector shopping spree looks set to continue in 2012 after a strong start picked up where a busy 2011 left off.
Last year saw the value of all worldwide deals jump 43 percent, to $162.4 billion, according to a report5 from research firm Ernst & Young. A big mining story was the dominance of “mega deals,” or those worth over $1 billion, which accounted for two-thirds of the total value of all transactions last year. That offset fewer deals by junior companies, many of which struggled6 to get the financing they needed to be more active acquirers.
Buyers kept their wallets open in the first quarter
In the first quarter of 2012, mining companies made $90 billion worth of deals, according to a recent report7 from KPMG. That’s up 130 percent from the fourth quarter of 2011. However, it’s important to note that the proposed merger between Glencore International8 (LSE:GLEN9) and Xstrata10 (LSE:XTA11) – the biggest mining industry merger ever – accounted for much of that figure.
Even so, the total number of deals also took a big jump, rising to 81 from less than 50 in the previous quarter, a 75 percent increase.
Absent the Glencore/Xstrata deal, copper12 led the way on the global M&A front in the first quarter, with $13 billion, or 14 percent of the total value of all transactions, involving producers of the red metal. Coal13 was also a major factor, accounting for 9 percent of the total. Examples include the $500 million sale of Talisman Energy14‘s (TSX:TLM15) coal properties in British Columbia to Xstrata Coal; and Australian copper producer OZ Minerals16‘ (ASX:OZL17) acquisition of a 90 percent stake in the Copaquire copper-moly18 project in Chile.
More deals on the way
Most analysts are calling for a continued increase in global mining M&A activity in the months ahead.
That may seem odd in light of today’s weaker resource prices, but miners are taking the long view according to a recent report19 from PwC that states, “[w]ith over $105 billion in cash, pent-up demand for new projects, rising production costs and declining developed world reserves, miners will seek out targets to build scale and achieve cost efficiencies.”
In addition, the developing world’s thirst for resources is expected to keep rising in the years ahead despite near-term concerns about slowdowns in China and Brazil. That’s largely thanks to continued urbanization. For example, India’s steel consumption is expected to rise 6.9 percent this year and 9.4 percent in 2013 according to the World Steel Association20. That would spur demand for minerals used in steelmaking, such as molybdenum and manganese21.
To meet that rising demand, miners will have to rapidly increase their reserves and production. As new mines often take years to bring into production, acquisitions present a quick, low-cost way to meet that demand.
Increased mergers and acquisitions can be helpful for junior mines, especially if they are acquired by a stronger firm that has the ability to help finance their projects to completion. These deals can also give juniors access to mining expertise that may otherwise be unavailable to them.
Here are a few examples of mergers and acquisitions involving juniors this year:
•US Silver22 (TSXV:USA23) and RX Gold & Silver24 (TSXV:RXE25) announced26 on June 7 that they will merge to form a new company called US Silver & Gold.
•Uranium27 explorer Fission Energy28 (TSXV:FIS29) acquired Pitchstone Exploration30 (TSXV:PXP31) in an all-stock deal32 announced on April 23.
•URSA Major Minerals33 (TSX:UMJ34) announced35 that it is merging with Prophecy Platinum36 (TSXV:NKL37) on April 16.
Outside actors are taking on a bigger role
As PwC also pointed out38, another factor supporting an increase in M&A activity is the growing role of buyers from outside the mining industry, such as resource consumers and sovereign wealth funds seeking secure access to resources. Sovereign wealth funds are generally defined as state-owned investment vehicles that invest in a wide range of areas to advance the country’s economic interests.
According to a report39 from private investment firm A Capital, Chinese buyers spent $21.4 billion on foreign assets in the first quarter, more than double what they spent a year ago, with state-backed acquirers accounting for 98 percent of that total.
China’s largest single deal in the quarter was oil40 and gas41 producer Sinopec42’s $4.8 billion purchase43 of 30 percent of Petrogal Brasil. State-owned Sinopec is China’s second-biggest oil producer.
What rising M&A activity means for resource investors
So how can investors profit from the rising tide of mergers and acquisitions? In the opinion of Canadian mining investment newsletter publisher Lawrence Roulston, a good approach is to focus on well-managed junior mines with high-quality assets that could catch the attention of a major producer.
In a recent article44, Roulston wrote, “Investors must be selective. The objective should be to own companies with high quality projects that will become takeover targets. Management is critically important. Companies that have cash are in a much stronger position than companies that will have to raise cash in a bad market.”
Roulston also feels that companies that are active in politically stable areas, such as Canada, the US, and parts of Latin America, will be more attractive to buyers in the near term.
Securities Disclosure: I, Chad Fraser, hold no positions in any of the companies mentioned in this article.
we now have 1.4 million shares traded today and the PPS remains at .018
huh?
a beefy news release today with drill plans would be welcome today
Gem. Gook luck to all of the good guys here on ihub.
ky
i understand 12 years is a long time to be in this
i am aware of one thing right now
if hay mountain is real
then its up to liberty to get the job done
flip at 19 cents or at .019 cents if you will
i want to to see this story unfold
is HM real or not
will liberty get the job done
enjoy the weekend i am
hawk flying
(everybody knows me anyway)
this is the dumbest stock in the world to try to flip
BINGO !!!
um
ok
nice video
keep em coming
your buddy
hawk flying
excellent point
time will be in favor of liberty shareholders
problem is some people are not time sensitive
we may just be early in the game
we could get news over the weekend and someone know it
IMO this stock can support 2 or 3 billion shares outstanding before the PPs goes down
i'm not worried
have a fun weekend and dont worry about liberty it will be here monday at 9;30 am
600 million get it correct if you are posting please
there are a bunch of guys here looking to make a killing on a stock
knowing they have a great chance to do it here
otherwise they would fly away
they may be right too
just a matter of more time until HM news blows us all away
both s1's were rejected or first s1 then then the s1a?
the new one is bad too?
arff arff
he he
lol
oh well
are you nuts?
NYC and nother NJ are all hustle bustle
different world
HM news around the corner
brisco has a plan
hey GB
LOL
LOL
sorry
i am just numb from all of the speculation around here
Ps my wife loves GB-goes every other week on business
really nice people
hawk
my defination of soon is 3-6 months and if nothing happens this time by then with HM
i may get out
caput
so like you we will see
good morning ky
how are you doing today?
agree and the only way volume will pick up is if we get the news on HM
so ha
me too,
it could be
any time now
any time young man
star
LBSR is grandfathered if they ever should pursue uranium
however the point is that there is responsible mining and what we currently have which are people who just dont want to try anything or very very little
enough is enough IMOthis contry needs tax revenue and it wont come from individuals making 250k as the current tax deal proposed
it will come from more industry
Op-Ed Columnist
G.(reen)O.P.?By THOMAS L. FRIEDMAN
Published: June 2, 2012 161 Comments
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MITT ROMNEY certainly has his weaknesses as a candidate, but his biggest challenge in attracting independent swing voters will be overcoming a well-earned reputation for saying whatever the Republican base wants to hear. Having watched him in the primaries, you have to wonder whether there is any issue in which he would turn to the far-right in his party and say: “I’m sorry. You have this wrong. Here’s the hard truth. ...”
Josh Haner/The New York Times
Thomas L. Friedman
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One place he could start to change that perception is with the issues of energy, conservation and the environment. In recent years, the G.O.P. base has fallen into a knee-jerk drill, baby, drill attitude that clean energy is for sissies and protecting the environment only hurts jobs, therefore, conservatism and conservation can’t mix. Last week, Romney traveled to a remote coal-mining town, Craig, Colo., where he trashed President Obama’s green jobs record, while addressing workers wearing caps that said “Coal = Jobs.” Yes, it does, for lung doctors.
This obsession with coal and oil strikes me as wrongheaded for three reasons. First, there is a more intelligent conservative energy strategy: a campaign to develop an energy mix that is “American, diverse and clean.” Put the G.O.P. behind whatever fuel sources or technologies the marketplace produces — be they natural gas, wind, wave, solar, nuclear, efficiency, biofuels or sequestered coal — provided they’re produced in America, give us diversity of supply and steadily move us to cleaner air.
Second, this slavish devotion to coal and oil, and sneering at environmentalism, contradicts the G.O.P.’s long tradition of environmental stewardship that some Republicans are still proud of: Teddy Roosevelt bequeathed us national parks, Richard Nixon the Clean Air Act and the Environmental Protection Agency, Ronald Reagan the Montreal Protocol to protect the ozone layer and George H. W. Bush cap-and-trade that reduced acid rain. Does the G.O.P. really think it will attract the idealism of next-generation voters with mottos like “Coal = Jobs”?
And, finally, the G.O.P.’s Tea Party base has grown more hostile than ever to conservation just when some big conservation groups have redefined their missions — from protecting nature for its own sake, a noble goal, to also protecting our “natural infrastructure” that provides jobs, food and security.
This shift is best summed up by Glenn Prickett, the chief external affairs officer for The Nature Conservancy: “We spent the 20th century protecting nature from people, and we will spend the 21st century protecting nature for people.”
The conservancy has broadened its emphasis from buying up natural land and locking it away so it can never be despoiled to building lasting economic partnerships between those who control “natural infrastructure” and those who benefit from it — so both will have the interest and means to preserve it. For instance, the conservancy is working with cities in South America to organize large groups of water users — bottling plants, hydroelectric dams and water utilities — to finance the protection and restoration of watersheds upstream from their facilities. Planting trees that hold water like a sponge or protecting forests and natural vegetation that keep pollutants out of the water and prevent runoff is a much cheaper and more effective way to conserve water than building more reservoirs or treatment plants. And paying those upstream to protect this natural infrastructure gives them a sustainable means to do so.
Meanwhile, Conservation International (my wife is on the board) was founded 25 years ago to preserve biodiversity in the world’s greatest ecosystems. But some three years ago, explained its co-founder Peter Seligmann, “we realized that despite our intensive efforts to protect biodiversity, extinction rates were accelerating, fisheries were collapsing and the climate was changing. Just putting wilderness lands away in the conservation pantry was not going to work because, as people were more threatened, they would just grab it.”
So, said Seligmann, “we officially changed our mission — from protecting biodiversity alone to supporting human well-being by restoring and maintaining ecosystems that provide services to humanity.” Once you show what healthy ecosystems provide for people, “conservation” takes on a whole new meaning: healthy farms depend on pollinators, healthy rivers on the forests that filter the water and prevent soil erosion, healthy fishing grounds on preserving the coral reefs where fish spawn, healthy coastal areas on the reefs and mangroves that blunt storm surges, healthy hydroelectric power on water from cloud forests. Good stewardship of natural infrastructure = jobs, security, food and water.
That’s why conservationists and conservatives actually have more in common than ever today, depending on how Republicans define “conservative.” They can run away from a proud legacy of environmental stewardship by defining “conservative” as aligning the G.O.P. with the cheapest dirty fuels and dying industries — and do whatever their lobbyists dictate. Or they can define “conservative” as protecting our natural infrastructure to promote clean growth — in the spirit of Teddy Roosevelt — and press for the cleanest fuel mix U.S. technology can produce. Over to you, Governor Romney.
A version of this op-ed appeared in print on June 3, 2012, on page SR13 of the New York edition with the headline: G.(reen)O.P.?..
how plain vanilla can you get
i guess he has to answer complaints this way
Dear Mr. @@@@@@,
Thank you for you comments and concerns regarding the Pebble Mine Project. This is an important issue, and I appreciate you taking the time to contact me.
As you know, the Pebble Mine Project is an initiative of the Pebble Partnership, which is made up of Northern Dynasty Inc. and Anglo American U.S., LLC, to develop and operate an open-pit gold, cooper, molybdenum, and silver mine in the Bristol Bay Region of Southwest Alaska. These metals are common throughout the Bristol Bay region due to the area's volcanic history. While experts have known about these deposits for decades, the remote location and low grade of the metals prevented companies such as Northern Dynasty from developing them. However, in the past few years metal prices have more than doubled, triggering the Pebble Partnership's interest in the Pebble Mine prospect, which they believe contains an estimated $150 to $200 billion worth of minerals.
I firmly believe that the Pebble Partnership will need to use sound, science-based analysis and recommendations. They also need to follow the process outlined by law. Decisions based on reason and sound science should win over emotion and environmental extremism every time. Finally, if the process is allowed to work and the science indicates it can proceed with minimal impact on the environment, it is important that the Pebble Partnership listens to what the neighboring communities have to say about the project and how best to implement it.
Under the Clean Water Act (CWA), it is unlawful to discharge any pollutant into waters of the United States without a permit issued in accordance with that act. Section 404 of the CWA provides for a permitting process to address the discharge of dredged or fill material into navigable waters of the United States.
The 404 program considers effects on the aquatic ecosystem and other national and resource interests. The Army Corps of Engineers and EPA have complementary roles under Section 404. The Corps has permitting authority, while EPA provides environmental guidance on 404 permitting, and also may veto a 404 Permit issued by the Corps.
To be developed, the developer of the Pebble Mine will need to secure upwards of 60-70 permits. Most all of these permits will be State issued permits because the mine is located on State lands. In fact, the ore deposits, known as Pebble Mine, are located on State lands specifically designated for mining exploration. However, of the few federal permits necessary, one is a Clean Water Act Section 404 Permit issued by the Army Corps of Engineers.\
Recently, the Environmental Protection Agency, (EPA) announced that it is conducting a scientific assessment of the Bristol Bay watershed to better understand how future development projects may affect water quality and Bristol Bay's salmon fishery. I believe this action is unprecedented and certainly premature because the Pebble Partnership has not yet even filed for their initial development plan.
Upon filing a development plan, the Pebble Partnership will begin pursuing these permits. However, it is far too early to be concerned with the 404 process regarding the Pebble Mine because the developers have not even filed for the permit. Currently, there is nothing to oppose other than the idea of mining at all, which is akin to opposing the construction of a road without even knowing the route.
Reason and sound science should prevail over emotional and environmental hysteria every time, and numerous responsible projects that have been needlessly hindered by the EPA's veto power are motivated by the latter.
The process of permitting the mine and studying its environmental impacts is in its infancy. In the end, regarding Pebble's development, I will support the science. Right now, this is a state issue and that is where the debate should remain. However, I would encourage everyone involved to follow the process laid out by the state to determine if the project can proceed without harming the environment and surrounding ecosystems. If the science indicates that that is not possible, the mine will not be developed.
Once again, thank you for expressing your views on this issue. I would encourage you to sign up for my e-newsletter at http://www.house.gov/formdonyoung/subscription.htm if you have not already done so. This will allow me to provide you with updates on this and other important issues. If I can be of any assistance in the future, please do not hesitate to contact me.
Sincerely,
DON YOUNG
Congressman for All Alaska
apparently there are 8 states up for grab that will determine the next president
i complained to a us congresswoman yesterday( a patient) about barack's lack of progress going foward with new big business
specifically the oil and mining issues
i'm sure i was talking to deaf ears
whatever
as for lbsr
its yet to be determined what will happen because up to now its simply a piece of paper S1
i want to see something happen
hi ky
i have not had the time to read the S1 but had to ask this
if the permittng in ak might begin in the later part of the year why would liberty spend a nickle up there before hand 500k in auguest and september??
Just to be ready--sorry that doenst work
what if there are delays from the epa?
i will go back to reading
thank you
oh wait new S1
out there
lets read it all toghether now