Liberty Star Uranium and Metals Corp (LBSR)

[onemessageonly]

Liberty Star sold a percentage of their claim area to Northern Dynasty. The two initiated a joint venture, and Northern Dynasty received equity in the company via a debt purchase.

If it is proven, the debt is forgiven and transferred to the earn-in requirements.

If that happens, then a large amount of cash will be needed by Liberty star as to not dilute their 40% interest.

The loan can not be converted until another usd 700,000 is expended. Once that amount is expended, the equity will be in the form of common shares(per conversion).

Hunter Dickinson looks for undervalued prospects, and moves on such. That caldera is soon to be controlled by Northern Dynasty(managed by Hunter Dickinson), and Northern Dynasty owns a percentage of this company.

To reiterate, if the joint venture is confirmed, and the usd 700,000 is expended, the loan will turn into common equity. If that loan is forgiven, you will be extremely wealthy, for the joint venture will have proven reserves.

The extreme best case scenario, would be for this company to be managed by Hunter Dickinson(or similar). This is why the next finance origination is so important. It must come from a comparable source.