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Re: blue4 post# 102483

Saturday, 07/21/2012 6:54:14 PM

Saturday, July 21, 2012 6:54:14 PM

Post# of 173216
Blue4:

My guess is that LBSR will never be a production/mining company. They don't have the personnel or background for it. There's a good chance, however, - unless they are bought out completely - that they could become a project generator - use their geologic knowledge and connections to generate projects, then JV the project to some mining co/operator for cash and an interest. Then repeat the process. These sorts of companies go after projects the big dogs won't touch, then when they prove them up they, they cash out. They can do this because they are quick, very good at geology, and have a good industry reputation.

PPS? - wish I could see the future - higher than where we are though (IMO).

F9
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