Liberty Star Uranium and Metals Corp (LBSR)

[StrengthenNumbers]

"...40% export tax on all of the ores..."






Indonesia wants to position for the currency "correction", and retaining commodities through tariff/incentive makes sense (for them, not FCX). All the better if they take their 40 points up-front in USD, as it will hedge a bit against the imminent trashing of the Euro.

Either way, it's a great incentive for Freeport to JV a domestic that's already in the district. Also, you made a great point earlier regarding Phelps-Dodge being willing to offer a 50/50 JV back in the 90's, with gold prices a fraction of today. Once the current disparity between metals and producers starts to correct, some real valuations can be established in the market.

And real valuations for the LBSR claims will be good for the shareholders. Wait for it...