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Re: newuser post# 170506

Saturday, 07/18/2020 7:13:20 PM

Saturday, July 18, 2020 7:13:20 PM

Post# of 173207
Hate to burst the NAK Pebble Bubble....pardon the pun.

Regardless of The Trump Adminstration, Alaska Natives, EPA, etc...Even if all these forces are favorable in current climate....Pebble has Much more Serious issues for Development.
1) nearly Zero Infrastructure or Deep Water Ports for economic Viability.
2) No Access to Huge megawatts of Electricity for copper production.
3) Very Bad Environment of ICE and Sensitive Fisheries.
4) 10 Billion or more minimum needed to just begin drilling before many years to get any return
5) Big Multinationals that partnered left due to ECONOMICs of project NOT because of Obama EPA as many seem to believe although they were anti mine but ECONOMICS WAS MAIN REASON.


Compared to LBSR Hay Mountain....Hay mountain has the Exact opposite issues. It is EXTREMELY Economical and Favorable to development.

NAK is for traders.
LBSR for Investors.

IMHO. :)
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