Liberty Star Uranium and Metals Corp (LBSR)

[monsterrat]

With all do respect to NAK - they did offer a 40/60 JV. However that could have potentially been a nightmare for LBSR.I believe It would have relinquished total decision making control on the LBSR BC properties to NAK, and NAK could have decided not to even touch those properties for the next 50 or 100 years. Im guessing that their carrot was the 40/60 JV and the stick was the threat of calling the loan. The carrot was rotten and the stick even worse. Thanks to Mr. Brisco playing his cards correctly - the deal we now have is far better than the original40/60 JV offer. We kept most of our property and have 100% control. JMHO