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10/11/10 1:42 PM

#32754 RE: mistracer #32750

The only similarity between that agreement and this one is the price per acre.

Northern Dynasty took on equity ownership given the loan with this company. That is a very big difference.

Northern Dynasty has already paid roughly usd 300,000 to maintain the claim status.

Northern Dynasty is the one controlling any news release as such.

Debt ownership IS ownership, until released from such.
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ValuePro

10/11/10 2:32 PM

#32760 RE: mistracer #32750

"Look at FMM. That's were LBSR will be after the JV and first drill results are released."

How do you figure that, when LBSR has 7 mirror images of Pebble to explore, and 5 small targets? As far as I know FMM doesn't have ZTEM, and the interiors of calderas are much less likely to yield giant ore deposits as compared to the perimeters.