Liberty Star Uranium and Metals Corp (LBSR)

[xZx]

nvl_22, the quick way to do a comparison, if you think NAK's valuation is accurate, would be by market cap.

http://finance.yahoo.com/q?s=nak&ql=1

NAK has one pebble and their market cap is $561M as of today's close.

6 X 561M = $3.366B

12 X 561M = $6.732B.

our OS is 630M shares.

that's a price per share between $5.34 and $10.69 for LBSR, based on NAK's current market cap.

at one time this year, NAK traded for a high of $21.76, on a closing basis. that's 3.682X higher than it is now.

apply that multiple to the pps targets above for LBSR and you get a high range of $19.66 (6 pebbles) to $39.35 a share for 12 pebbles.

furthermore, wall street seemed to think NAK was undervalued at its highs, and some were estimating it could run into the $70 or $100 range once the mine plan was approved. that could still happen, but imo by the time they get to that stage, a lot of eyes will be on the assets next door. jmho!