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Re: Iceman post# 96692

Thursday, 06/07/2012 11:44:40 AM

Thursday, June 07, 2012 11:44:40 AM

Post# of 173300
I agree. The words expressed in the S-1 make it clear (IMO) that LBSR intends to do something "jointly" with others in AK as the amounts they intend to spend won't cover much drilling at all only logistics related to drilling. The only way you spend that money is if a JV/Newco/Funding agreement for drilling is in the pipeline. Otherwise considering the risk with the EPA, it makes no sense to push AK unless a partner on board is involved.

AZ has development potential that is very significant and the methodical approach there is exactly what is needed.
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