Liberty Star Uranium and Metals Corp (LBSR)

[warmsnow]

copy from NAK board

Topic >
NAK to release PEA within 2 weeks 14-Feb-11 12:39 pm Hey folks, I just called up investor relations [phone] or [phone] and asked them when to expect the PEA. They said within the next 2 weeks without a doubt. Just dotting "i"s and crossing "t"s. As for the contents, I've spoken with a couple people within management, and I got the same message from the IR firm. They expect a "positive market reaction" and more specifically, the TD Newcrest report that cites a $50 fair value in a takeout (minimum) they think is a bit low across the board but at least in the right ballpark. If so, I'd agree, this will be a positive reaction. Very positive.

Incidentally I find it a little funny how easily "investors" were spooked by the EPA report. Did it occur to people that this might actually be good news? The Native Americans have been making noise about the fishery for years. The EPA's scientific study will elevate the argument from pure emotion to actual scientific evidence. And when the PEA outlines the job creation (and wealth creation) from this project, the case against the mine will be weaknened further.


Sentiment : Buy