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Re: PURA VIDA post# 33350

Friday, 10/15/2010 12:03:28 AM

Friday, October 15, 2010 12:03:28 AM

Post# of 173219
Imo you're closer than anyone else has been yet, at least up to this post of yours. This guarantees that the shares are theirs regardless of what happens, and if they cash them in as part of a jv, the cash will go to the company... and it could very well go to pay off the debt... being the jv partner's way of doing a buy-in. They buy the 88M shares at an agreed price, lbsr debt is paid off, and the officers pocket the difference. Not bad at all. Time to guess the price?


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