LBSR .021 do the DD IMO
Did NAK just spend 10% of their cash on LBSR? WOnder why?
The Pebble Partnership is led by some of Alaska's most respected resource development professionals — including CEO John Shively, a former Commissioner of the Alaska Department of Natural Resources. In total, some 20 senior engineers and technical specialists, as well as 58 leading engineering firms and specialized consultancies from the U.S. and around the world, are dedicated to the Pebble study team.
All of these resources (financial and human) are driving the Pebble Project toward development at no cost to Northern Dynasty. As of March 31, 2010, the company has a cash reserves of CAD$46.5 million and no financial commitments