Liberty Star Uranium and Metals Corp (LBSR)

[doc4261]

well looks lile full metal minerals - hasnt anounced the jv with nak either yet.


from pr

PLP may earn a 60% interest in the Property by funding US$3.0 million in exploration expenditures over three years, in addition to the recently completed ZTEM survey funded by PLP. Additionally, PLP will make annual cash payments to Full Metal of US$50,000 per year for the duration of the earn-in period. PLP at its sole discretion may purchase claims outside of specified exclusion areas (the highest priority exploration areas), by paying Full Metal $25 per acre, with total acreage not to exceed 20,000 acres, following appropriate condemnation work. The Option Agreement is subject to PLP completing its due diligence review on or before October 11, 2010

important part
The Option Agreement is subject to PLP completing its due diligence review on or before October 11, 2010

looks like hey have been waiting for a while also.

hope we get our news soon. I thinks they will show that nak jvs for the whole caldera