Liberty Star Uranium and Metals Corp (LBSR)

[fargo9]

Just checking in and whoa. It seems to me that something significant has happened - throughout the tour and as recently as a week or two ago we were going to drill several tests - likely in several locations. We figured we had enough money to do this, plus the announcment in re: ZTEM at HM really confirmed that.

Now suddenly we are only doing one hole at BC and not another until May of next year. So this is a major plan shift in mid-execution. I agree that one hole is not enough to convince investors. But maybe there is a fence sitter that just fell off to the jv side after seeing the results - all that blue? - maybe a new BOD member with deep pockets and connections, maybe the Chicoms, but I doubt it - they play safe - but maybe.

By not drilling we are not drawing down the expensive FH money, thus limiting dilution. Maybe better money is at the door. I think something big is afoot, though, but can only speculate - NAK, any number of mining cos.

Another reason I believe something is up - the weather today in Newhall, AK - on lake Illiamna - "Cloudy with occasional rain showers. High around 50F. Winds ESE at 5 to 10 mph. Chance of rain 40%". (Per TWC) If the weather was bad recently it isn't now - at least not terrible. Can heli's fly in 10 mph winds? Bad weather might have caused an interruption to the plans - at worst - but this appears to be something more.

All IMO
F9