Liberty Star Uranium and Metals Corp (LBSR)

[StrengthenNumbers]

Food for thought...





HDI may not want the LBSR claims folded into NAK because Northern Dynasty has become the public face of Pebble, i.e. the glaring target of the environmental opposition. They have seen much bad press heaped upon NAK/Pebble and a subsequent slide in PPS.

Having reviewed the topography and local watershed long ago, it was clear to me that if the ZTEM results were correct, LBSR claims were a better bet for avoiding the possibility of contaminating Bristol Bay. Briscoe is the one who recognized the caldera characteristics and claimed the land across the ridge from Pebble, and he likely knows that HDI or any other corporate suitor has a better chance of successfully permitting the Big Chunk claims. Make Big Chunk part of the Pebble project and a large opposition movement tags along to fight us.

At this point, being part of NAK could stall the claims indefinitely, as it apparently has for Pebble. Because the Pebble proposal has become a focal point for environmental opposition, LBSR and their claims could be seen as the best reasonable compromise, and they won't have the knee-jerk negative visibility of the Northern Dynasty/Pebble name hanging around their neck like an anchor.

Long-term, nobody is leaving all those porphyry deposits in the ground. LBSR claims appear to be the best compromise for the development of a large-scale mine on the caldera. I'm holding patiently and keeping my eyes open.