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Dreamchaser

09/10/10 2:01 PM

#24338 RE: ronning999 #24328

Ronning, you brought up a good point and one I truly want to answer for everyone. Mr.briscoe actually gave up in Alaska when Anglo-American funded NAK with 1.5 Billion dollars. The Pebble Partneship was formed and there was no way that Mr. Briscoe was going to do duplicate work in the area. This interview was in 2007 and is worth reading again. NAK spent 100 million dollars on public support and such. This is money that LBSR did not have to spend. Read Briscoes statements and the chart. We are headed back up to dollars, IMO

JB:Well, first, I just want to reiterate it, we are still very ex-cited about the Big Chunk Caldera and the Bonanza Hills projects in Alaska, but we are just going to stand by and not risk any investors money on that until the permitting of the Pebble deposit is clear

http://www.ldvcapitalmanagement.com/CEOTranscript-AnalysisReport.pdf


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eom7

09/10/10 3:09 PM

#24363 RE: ronning999 #24328

An opportunist with some of the best Gold and Uranium properties in the world!
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ValuePro

09/10/10 4:12 PM

#24448 RE: ronning999 #24328

"Looks to me that Briscoe is pretty much an opportinist."

No, he shifted focus to Arizona, first to have work for the company when the weather did not permit it in Alaska, then because NAK had problems with the environmental community. There was no sense advancing Big Chuck, if progress could not made at Pebble. Everything else is just background noise.

If you want to blame anyone for what happened to you, blame the environmentalists. LBSU was their real victim, but you have been afforded an opportunity to be made whole, if not better. Up to you.

VP in AZ