Replies to post #153877 on Liberty Star Uranium and Metals Corp (LBSR)

[gempicker]

They have alluded to the near surface deposits on HM for some time. The use of the word "extend" in the NR suggests they intend a shallow drill program on HM. The other potential claims mentioned would have to be acquired. Probably why the expanding AS. They can use LBSR stock to acquire assets and hopefully cash alongside. Add in a funding source or two and wha la... They could be drilling on two properties later this year...

Nothing lights up investor interest more than drilling for precious metals and copper...

[gitreal]

to bring the 2 near surface HIGH GRADE deposits to production in 1 year or less...

Do you know how much money it costs to permit a new mine, even a small one? Do you know how long that process takes, typically?

And that assumes they are fully explored, with a feasibility study completed, and with positive conclusions.

Briscoe has outdone himself this time.

[PURA VIDA]

In your misguided own mind it was.

In reality, it was far from correct.

Anyhow, do whatever you want, I could care less.

Buy more and more and more - If I decide to get back in (besides my 777 shares)
with 5 Billion more shares and the Boo Sheet of this latest release, I
should get in at least 400% lower. Today's information was less than
ridiculous.

It's beyond absurd - 2 other properties and a
"potential funder". I call "foul".


But those 5 BILLION near worthless shares are going to save
Everyone here - pretty incredible story.

[PURA VIDA]

You sure do read into an NR what you would love to see, instead of what is reality.

We have been in discussions with a funder that suggests we should invest in near surface, high grade, quickly minable projects that will begin to generate production cash quickly. We find this strategy very compelling and we are in discussions with this funder to assist us in this strategy.

Now, let's see - what did you happen to take out of this !!

First) LBSR seems to have secured a FUNDER that will fund a Silver/Gold shallow surface project in AZ that could produce in 1 year or less! using new Technology and extensive analysis by JB.

Second) same project in Utah but for High grade near surface Uranium.

Hmmm....and you were correct - my how you can substitute
different words to derive a whole new meaning.