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What would you conclude?
And in comparison, LBSR'S claims at Haymountain, are potentially much, much bigger.
Really? Someone sold 1 freakin' share? COme on, guys...
A quandary indeed.....
On the other hand, if they have a secured financial investor, I can't see them continuing to shop for a better deal. That could piss someone off and screw up a sure thing. Maybe they got the 5 mill from the Pipes?
18% SPREAD.....................
That sounds awesome, Leif!
Share price could get hammered here by posting October roadshow with north pipes due before then and big diluted n November coming due.
October roadshow.........
Hope we get that Pipes deal soon, with the 55 k due soon. More importantly, we have a huge bill coming in November...
Any thoughts on this:Liberty Star Signs Comprehensive New Agreement with Naru Capital a Division of naseba, Extending Successful Partnership to a ...
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Liberty Star Uranium & Metals Corp. (QB) (USOTC:LBSR)
Intraday Stock Chart
Today : Wednesday 6 August 2014
Meetings in Tucson – Hay Mountain Mid-September and Middle East Planned in October
Liberty Star Uranium & Metals Corp. (“Liberty Star” or the “Company”) (OTCQB: LBSR) is pleased to announce that Liberty Star has once again signed a comprehensive agreement with Naru Capital (“Naru”), a division of naseba.
With the current value of ongoing infrastructure projects in the Middle East estimated at over US$2.62 trillion, the region is currently witnessing significant investments in infrastructure development that drive the demand for metals including copper, aluminum, iron, and nickel among others. Thus investors now seem to be seeking strategic investments in the sector, with the regional material demand forecast set to rise consistently over the next 5-10 years. This will be compounded by the decrees to bring expertise to the region in order to fast track developments of local mining assets as well. Having recognized the potential of Liberty Star and its Board, Naru Capital will be making a major push to get Hay Mountain funded and then fund other projects and targets of Liberty Star.
Naru Capital is a division of naseba group, a French business information company and a deal facilitator focused on the needs and interests of growth market based investors. With on the ground presence in Algiers, Bangalore, Dubai, Monaco, Riyadh, and Shanghai Naru Capital facilitates the introduction of companies raising capital to investors in emerging and growth markets, offering an alternative to traditional avenues to source deal flow. Naru Capital organizes highly-targeted, private capital introduction meetings and investors road shows across a range of growth markets and sectors, introducing each to pre-qualified investment opportunities.
The new agreement is to effectuate financing on a variety of levels for Liberty Star targets and opportunities. This will continue with an additional road show in the locations not yet visited where after extensive preparation and publicity of the opportunity, one on one meetings will be arranged with entities that have the desire and funds to invest in significantly large grass roots or greenfield mineral exploration targets. This will include Hay Mountain. The investment analysts will prioritize the meetings based on investor interest and intent, and will follow up with all the parties to ensure progression from the meetings, which will include potential visits to the southeast Arizona – Tombstone- Bisbee area where the Hay Mountain target is located and to the operating copper mines in the Tucson vicinity that have similar characteristics and are emblematic of the Hay Mountain Project.
Company CEO/Chief Geologist James A. Briscoe will return to the Middle East for a second time in October for highly-targeted, private capital introduction meetings organized by Naru Capital, which makes this the fourth time Naru Capital and Liberty Star have partnered for investors’ acquisition. The road show will include follow up meetings from Briscoe’s June visit to Saudi Arabia, Oman and Turkey which led to the 10 indications of interest, the first step in sending non-disclosure agreements for the Hay Mountain project and offer the Hay Mountain Project/Mine Finders training program to new potential investors.
Naru Capital Managing Director, Fabien Faure said “More than looking at just the financial capabilities of these investors, we also discuss their alternative reasons as to why they would consider an opportunity, before we make any introductions. We have developed trusting relationships with our investors through constant and open dialogue, and mapping their emotional connection to a particular industry, region or opportunity. We also work closely with our investors to establish how a project could benefit them from a strategic point of view, or sometimes how it could benefit them politically.”
Notes Briscoe: “Liberty Star is taking the lead in developing in what we believe will be ‘a major mining project that will be active for decades’. This fact is well known to local investors, but not to international investors. Naru Capital arranged these ‘Investor Road Shows’ of meetings tailored exactly to our requirements, and it has given the opportunity to be introduced in growth markets like India, China and the GCC as a lead in the Hay Mountain project and also discuss the long term Mine Finders training program with an objective of developing a full stream of new mineral discoveries in the Arabian Nubian shield.”
“naseba/ Naru’s approach cuts out a lot of time consuming vetting that I don’t have time to engage in. I am in the midst of the finalization of planning Phase 1 drilling at Hay Mountain and working on required permitting. naseba’s team understands that the Hay Mountain land has been the subject of intense professional geologic, geochemical, and geophysical surveys resulting in profound mutually reinforcing anomalies which indicate the presence of an extremely large porphyry copper/gold multi-metallic system including a very large rare earth element anomaly.”
“Drilling is the next step for the project. The funding we seek is for our innovative, efficient Phase 1 drilling program which will tell us if we have positive drill core indicators of a potentially commercially important ore body rivalling in size and grade several of the other mined ore bodies in the area, ranging from the middle of Arizona, south and east into northern Mexico. naseba has promised to bring us together with potential investors who have the desire to get in on the ground floor of, if we are successful, what I believe will be a major mining project that will be active for decades. Assuming Phase 1 shows positive indications, Phase 2 – lasting 3 years and operating 24/7/365 will continue immediately. Cutting edge equipment and methodology will be used, meeting US-SEC engineering report standards and well as Canadian NI- 43-101 requirements. Registered professionals will supervise all operations, and certified assay laboratories will be used for all metal analysis as the company does on all its projects.”
Yes, Macy Believe it or not I was wondering the same thing and was about to ask that question to Agoracom. Thanks for pointing out Briscoe's follow up statement...!
What does the job interview process entail at the EPA?
Let's see..... Missing emails.....missing ex employee that no one can find.....damning evidence. Yeah, let's throw this case out. Nothing to see here!
Looks,like the diluting MMs have backed off selling today.
Oh my gosh, Yang, are you out of one post per day prison? That would be awesome, if true! Appreciate your input. Back to working on my fantasy football draft until we get news......
If we have the hole in one mastered, why are we planning such an extensive drill program at Hay?
Yeah, no kidding!
Agoracom Response:
My Question: Question regarding need for geologic analysis of skarn
posted on Jul 30, 14 05:34PM (Log in to use the IP Check tool) [?]
"Also, since the Hay Mountain terrain is largely skarn (altered limestone), we will need geologic analysis performed by additional experts." Questions from a Novice: Could you please elaborate on the need for geologic analysis of the skarn at Hay Mountain? What is the purpose? What is the cost? How long does it take to perform? And is it required to move from point A to point B in negotiations with a potential partner? Thank you very much for keeping us informed! Blue
Response:
Re: Question regarding need for geologic analysis of skarn
in response to Question regarding need for geologic analysis of skarn by Blue 4
posted on Jul 31, 14 01:35PM (Log in to use the IP Check tool) [?]
Dear Blue4,
The following response was provided by management.
“The skarn study, really a simple opinion from another recognized expert, is the only thing needed until drill holes intersect projected skarn. Briscoe has years of experience in skarn hosted porphyry copper mineralization and he has already expressed his opinion. But he is not at arm’s length. The author of the ZTEM report from Geotech is also a geologist as well as a geophysicist, and gave a talk comparing a skarn hosted Mexican precious metal deposit (porphyry copper) delivered at a presentation at PDAC, with Hay Mountain. Also we have a profound magnetic anomaly just like the one that resulted in the Pima-Mission large open pit mine that has been in production now for 50 years, with projected 30 year remaining life. So we have sufficient indications at Hay Mountain of skarn and porphyry copper to proceed to drilling.
A skarn expert working with Briscoe during the drilling program will have positive inputs as to exactly where we are in the skarn alteration zone, which can be quite complex. Rather like a physician seeking an opinion from a trusted college. It is always Briscoe’s (Liberty Star’)s approach to have an independent expert make input into important geologic features, and this could include expert opinion from one or more of our Technical Advisory Board, which is why it exists. (see web page)
For our current purpose, the raising of capital to fund Hay Mountain, we may need comment from an arm’s length expert as we go along but we do not need additional professional reports finalized at this point to proceed.”
Regards,
AGORACOM
Yes, I too hate when people throw just a couple shares at my bid..... And thanks for the confirmation on the retail selling ahead of the dilutive MMs.....
75 share trades. Nice. EOM.
Retail now in front on the ask ahead of the dilution MMs. Need.....more.....power......Scotty!
Please provide photo references and links and I will incorporate them into the intro............
FROM AGORACOM
Dear shareholder,
The following responses have been provided by management.
1. Is there an update of the SRK 43-101 format report pending?
Yes and no. Right now there is really no need for the SRK report to be updated from the 2011 report. The potential investors we are working with do not require it, especially since we have extensive ZTEM data and phase 1 drilling plans and budget projection. Also, since the Hay Mountain terrain is largely skarn (altered limestone), we will need geologic analysis performed by additional experts.
2. If so, how long has the co. been advised that it would take to prepare it?
Because of #1., we are not in a position to offer a timeline, as technical work pertaining to drill permitting is still ongoing. As far as the technical report from 2011 is concerned, we have acted upon the recommendations in that report for Hay Mountain. A multitude of reports will follow as required by regulation and requests of our interested parties in the Middle East and elsewhere and the specific needs of the project, but we can proceed with what we have now in terms of seeking phase 1 drilling financing while other professional reports are in process. “How long” becomes an inaccurate way to see the report making process since, for now, it is ongoing and continuous per the requirements of the entire exploration project.
3. Does the co. think that updates/revisions to SRK's prior report(s) are critical to obtaining funds to execute first year drill plan?
No. Naru Capital/naseba advisors have advised us that the 2011 technical report in conjunction with the ZTEM data and the phase 1 drilling plans we have is sufficient for money raising in the Middle East. Updated technical reports will ensue as needed. Keep in mind the phase 1 drilling plan is the sum of many hours of work by Briscoe (who is qualified to write 43-101 reports and Engineering Reports, but hasn’t as he is not at arm’s length) and his team in collaboration with our drilling contractor and other experts. It includes not only the drilling process plan but extensive budgeting details too.
Regards,
AGORACOM
Yes! NO RESULTS! 10 Billion Shares! Sub Penny, RS, bk!!!
Something stinky with this turdy here.........
So are you saying, "get out now!", "blood red!", "sub-penny coming any day!"?????LOL!
Aha! WDCO on the bid at .015. Does he not want to sell below .015?
Welcome back!
Thanks, LH. Glad to see VFIN out of the picture here for now.
WDCO, finally raised the ask........wish I had a direct hotline to this MM.
Awesome, Eli! ELi awesome!
Nice list of witnesses. Good that they had someone from GE for political purposes.
Wow, there are a lot of hearings. I wonder what there average is per day.
Thanks again, Eli!
WDCO is yawning, I think......
In retrospect, if you are going to submit testimony to the US government, it is wise to have your i's dotted and your t's crossed in respect to being a GREEN COMPANY. That is why we had detailed, and meticulous information about our green business plan intended for Hay Mountain, imo. In sales, it is better to pre-empty objections.......
We just need a Sugar Daddy OR a Sugar "Uncle". Or, both.
Hey, WDCO, are you ever gonna run out of shares? Lift the lid, Bro...... !
Good stuff, Dale and Eli. The old Hay Mountain can't be that far away, can it? Or is the new Hay mountain really the old Hay Mountain, which was mislocated? H,mmmmmm....
Or did JB just say, " I think we should just dig a couple a of miles yonder."?