Replies to post #37241 on Liberty Star Uranium and Metals Corp (LBSR)

[PURA VIDA]

Sure they are !!!

[rocco2]

very vague

not specific enough to determine where capital will be spent.
But if lbsr wants to find a new partner, maybe they should drill
Nak is not going to do it for you. jmo

have you read nak q report?

[ValuePro]

"here's what i'm wondering: with cash available now, is LBSR planning to do their own shallow drilling program in BCSP, using ZTEM as a guide?"

Why would they do that when they have a potential joint venture partner on the hook to spend exploration money?

I'm not sure, but I guess one possible answer is, if they can prove up from drilling what ZTEM shows, NAK will be in less of a strong position going forward, and LBSR may have a stronger hand in dealing with potential other partners. But all of this will add weeks, perhaps even months to the closing of a deal - NAK or otherwise.

Can't think of another reason, can you?

My guess is if there will be any drilling by LBSR near term, it will be on uranium targets in the Arizona Strip.

Time will tell.

VP in AZ

[HKipp1]

Brikk,your question,
"Here's what i'm wondering: with cash available now, is LBSR planning to do their own shallow drilling program in BCSP, using ZTEM as a guide?"
is key. I hope the answer is yes. We won't know for sure- but Briscoe did say by email when it was suggested that Liberty begin its own modest drilling program "I am indeed doing essentially all the things you mention." What we do know is that there will be a lot of activity going forward. And how the mix sorts out- drilling at Big Chunk, drilling at Bonanza Hill, drilling in Arizona,- Uranium, copper and gold,- Liberty itself, ND, another third party or in combination- just look at all the possibilities we can now list- and all good!- will become apparent over the next weeks and months. An exciting and profitable prospect!