BINGO!!!!!!! What is HD GREATLY known for,,,,,,,PLANING AHEAD....... U=u-308/ the name dosent need to be espically classy,just to the point. 5 = # of entidies involved into the deal. ALL IMO: but the other GOFFEY explanation for the 5 is 8 minus 3=5....... ZERO COUNTS FOR NOTHING!
We know that U5 is "The Group’s affiliate which will hold the Group’s interest in the Liberty Star claims". I'm assuming/hoping that only means the 60% of the Big Chunk and not the AZ holdings.
Would I be unwise in hoping that the U5 NAK agreement does limit the JV to the Big Chunk area so that LBSR can then make a seperate JV with the Lindon Group/Denison for their claims in AZ?
Excellent analysis! It looks like Mr. Briscoe has positioned LBSR well ahead of the curve by flying ZTEM over Pebble and fortunately identifying 6-7 signatures in BCSP. This is what has INSTILLED tremendous investors confidence in judging the potential of LBSR's mineral reserves. This is one good example of Mr. Briscoe's brilliant and strategic planning. GLTA!
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