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Re: Eli's Gone post# 114962

Tuesday, 12/11/2012 10:58:00 PM

Tuesday, December 11, 2012 10:58:00 PM

Post# of 173212
The lien impacts all claims on both North and South blocks, and until the lien is removed, Liberty Star cannot transfer clean title, and until they can transfer clean title, the Settlement Agreement with NAK cannot close.

If the Settlement Agreement cannot close, then NAK can force the sale of ALL of Big Chunk per the Deed of Trust issued by Liberty Star on Nov 19.

What happens to the value of Liberty Star if it loses all of its Alaska property? What happens to the value of the "good" relationship with the Natives?
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