Aside from the fact that this "gold bubble" as you describe it may continue for quite a while, there are other factors equally or more important. It's silly to say nothing goes up forever. The forever part may be true- but it doesn't have to go up forever. Secondly your worry about extraction costs- it is likely Liberty may be out of the picture long before extraction ever takes place and so a realization of value either through a buyout or JV could occur long before that. And most importantly- gold is only a portion of what LBSR is about. As has been stated repeatedly, both LBSR and Pebble are in large part Copper plays- and this is a commodity which will have increasing demand and currently falling inventories for the foreseeable future- yes maybe not forever- but reasonably into the future. And then there is Moly, Uranium and Rhenium. So the whole basis for your discussion is really quite overstated and moot.
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