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Re: kindo post# 38549

Wednesday, 12/01/2010 10:20:40 AM

Wednesday, December 01, 2010 10:20:40 AM

Post# of 173212
IMO the JV has not been announced because LBSR is now in a stronger position than they were at the inception of the negotiations.

Earlier in the year, LBSR was trading at fractions of a cent with no real way to generate operating capitol.
Since then they have proven the ability to do so.

Briscoe has had the foresight to stake claims that will be worth billions. He sat back and let the NAK/Anglo's of the world bear the brunt of funding the ecological and infrastructure studies.
He also guided the company through a time of extreme difficulties in the financial sector.

Some say he is printing shares to benefit his friends...
I say he is raising capitol to maximize his bargaining position.

I am not concerned with delays to preconceived time frames from shareholders whose main agenda is to sell their shares so they can buy Christmas presents.

The rules have changed and IMO we are almost at the point where Pebble may need us more than we need them.....

Briscoe has proven to be patient, with an eye toward maximizing shareholder value and I trust that he is continuing to make decisions with that goal in mind...

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