Liberty Star Uranium and Metals Corp (LBSR)

[LongHawl]

Phezant, 60/40 is the going rate for 'moose pasture JVs'

1 LBSR is located close to NAK and Pebble,
Think Barrick and Newmont, when ABX drilled it
was a junior

2 LBSR has ZTEM, calibrated to the Pebble deposit

3 LBSR has a couple geologists that put forth the caldera
theory.....Pebble is a point on the rim


10 million is nothing....when you are talking the potential
value of the ZTEM images, many similar to Pebble

I would not let them JV more than 1 image for that chickenscratch

A full drilling progam, not just exploratory would be a decent earnin
for a fifty/fifty
Negotiations are ongoing, your right the third party cant steal it, but they can force NAK to be reasonable