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Tuesday, 03/29/2011 9:10:20 PM

Tuesday, March 29, 2011 9:10:20 PM

Post# of 173212
Mad Money Cramer featured an interview with Alaskan miner Novagold CEO: here's some highlights and my extrapolation to LBSR/NAK...

* metal prices to remain firm because "bloody hard to find <new deposits>" [jives with both JB and RT's assessments]

* "we control the whole <mining> district" [probably what NAK/HDI and future mining giants want for BCSP caldera]

* based in politically stable USA [same state, claro]

* upside exploration potential [ours is humongous, even just Pebble alone is still open at depth, correct?]

* mineral make-up primarily Cu > Au/Ag and very high grade [ditto for us]

* 1 million oz of Au per year for ~ 20 yrs [NAK (and LBSR) will best this estimate IMO]

* recent trip to Hong Kong, where Chinese "showed tremendous interest, especially in a long-lived mine for copper" [ditto for Liang's trips and Pebble estimates of > 100yr life of mine]

* partnering with mining giants, such as Barrick [NAK's got AA and Rio]

* BTW, Soros is a big investor in NG

Not hard to imagine a time when we get the same (or greater) publicity...but by then we will be pretty rich!! Can then throw a few pebbelitos to the masses...
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