Liberty Star Uranium and Metals Corp (LBSR): The commercial value of the data is valu...

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Re: jtyler post# 95836

Wednesday, 05/23/2012 2:13:58 PM

Wednesday, May 23, 2012 2:13:58 PM

The commercial value of the data is valued at what it costs to collect the data, maybe a little less. This data is not the determinant of economically recoverable amounts of elements in the ground, drilling will provide that.

My lab data is for a commercial product now being tested and valued by a fortune 500 company with billions in annual global sales. I've had meetings at their global research facility twice since early march.

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