Liberty Star Uranium and Metals Corp (LBSR)

[gempicker]

Yes. It was only logical that NAK and the Pebble project absorb the claims near their mine development. IMO, they will drill soon to fit newly acquired reserves into the mine plan. Once these reserves are confirmed, expect a quick buyout of LBSR's position in the Pebble mine.

Leads me to the next point. There are still 87% of these lucrative claims yet to be partnered. Given the involvement of all the big mining players here, I would expect an additional partnership to be formed in the not too distant future. The deeper deposits eliminate many environmental concerns, so there should be numerous interested parties to team up on the rest of Big Chunk.

This is the birth of a special junior exploration company with many potential lucrative claims. Anyone treating this as a typical penny stock, chart play, or promoted play will be sorely dissappointed they did not do proper DD when they look back a month, 6 months, a year from now.

All in my opinion.