Replies to post #44096 on Liberty Star Uranium and Metals Corp (LBSR)

[HKipp1]

I don't know that urgency is the point. The point is demand and expectation of future Copper demand in relation to the supply. And it is apparent that this relationship is being reflected in steadily increasing copper prices and futures. And imo and more importantly, in the opinion of others, this situation is expected to continue for some time. All to the benefit of those who hold the large reserves at Pebble, including NAK (ZTEM demonstrated and drill proven) and LBSR(ZTEM demonstrated and yet to be drill proven-that's why we get to hold it so cheaply- but just until it is drill proven).

[gempicker]

This is so much more than a pebble play..

[psycotria]

Copper is predicted to run short by over 430,000 tonnes in 2011, with the inventory of London Metal falling in 2010 for the first time since 2005. Freeport MacMoRan is restarting and expanding AZ operations. China will be using much more Cu, along with the rest of the world needing much more Cu in the coming years. It will come from LBSR's claims, likely the largest in the world. Also, US moly will become a larger percentage of global supply as China is keeping more of theirs for themselves.

I actually deal with copper in Arizona- "The Copper State" weekly, no sense of urgency in AZ., plenty abound.. this is pebble play only imo


Uranium? LOL the US government pays CASH for pits with anything substantial in them, I have seen farmer Joe actually make millions from his cows dying..