Replies to post #153956 on Liberty Star Uranium and Metals Corp (LBSR)

[gitreal]

Do you believe there is a gold/silver prospect in Arizona that can LBSR can acquire, and bring into production in a year....or less?

[gempicker]

The inference is funding sources are not interested in a deep seated target, or at least not at equity/risk ratios LBSR probably desires...

Given that there are near surface targets at HM, they probably can test drill multiple shallow targets with 10-20 holes for a million bucks give or take. One way to hold all equity would be to acquire additional project as an asset and hopefully attached cash to advance both HM and acquisition asset. This could easily be done with restricted LBSR stock.

Could be very attractive proposition for both parties and allow LBSR to 100% own HM while still test drilling shallow targets and possibly sink a few deep holes to help solidify the phase 1 and 2 investment case.

This is a very plausible approach that would have this company drilling and investment interest responding sharply ..