Liberty Star Uranium and Metals Corp (LBSR)

[StrengthenNumbers]

"...deep in the process of getting their permit."





You mean the process of not getting their permit?


Yes, NAK can call the LBSR loan, but I bet they don't want to give Briscoe any reason to strike deals that might be unfavorable to NAK in the eventual district. They already got on the bad side of Anglo and things haven't gone too well since then. They need a viable option, LBSR represents several.

LBSR has the claims favored by the EPA and soon we'll have the drill cores favored by the market. NAK will play ball for a stake in the rest of the caldera. I'm sure it's a bitter pill for them after spending so much to prove Pebble, only to discover that they had the lesser of the claims with regard to size and environmental factors. That said, they will bypass the vindictive drama and BS that is all too common here and make a deal that saves their shareholders from further erosion of the PPS.

And then we'll have the support of PLP as the other targets are proven. Get ready...