Replies to post #145927 on Liberty Star Uranium and Metals Corp (LBSR)

[monsterrat]

If uranium prices are currently low it would make sense for Genesis to mine as much of it now rather than later so as not to have to pay a premium royalty to LBSR. That however is not such a bad thing for LBSR as it means more money sooner rather than much more later. Can they stockpile it and sell it later?

[2muchmoney]

as I recal 1 pound of U-308 equals 54 barrels of oil in an energy equartion, so how about 54 barrels of OIL DOLLARS equals $4852.23 per pound based on energy efficiencies. I like my higher number slightly better than vp's! lol