Thursday, February 10, 2011 6:18:45 PM
I could be way of base, with my timeline along with the process, so please be kind. But if Nak is going to try to get through the initial permitting sometime this year, and they paid for LBSR's claims for 12 moths and haven't formally signed any JV as of yet, does anyone think that since they may think they will have a tough enough time pushing through their (1 pebble), that now would be an awful time for them to suck up another 6-7?
I mean realistically, in these initial stages, how big is to big? Not that it would be to big NAK for Hunter, but it may become too big for the political climate of Alaska.
Wouldn't it be safer for NAK to have everything in place (like they seem to with the paid LBSR claims for the next 12 months) get the initial permitting through and then suck up everything around them?
Seems to me like NAK has everything in place and ready to go pending they get the permit.
I welcome thoughts and if anyone actually understands what I am trying to get across, feel free to expand on the suggestion as I don't know how clear this is going to coming across.
Until then I have my shares and bought them with a very long term view. I try not to look at the daily.
GLTA
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