Replies to post #56038 on Liberty Star Uranium and Metals Corp (LBSR)

[rl71852]

Has LBSR applied for the permits or will they after the report? Maybe I'm reading this wrong it does not say how long it will take to do the report than after the report it will take 60-90 days to get permits.

[ontherise]

QUOTEMining season in Alaska officially begins on May 10. Also, SRK's N1 43-101 should be complete by June and drilling at Tombstone could also begin by June 16. We were alerted on Tombstone on March 16, 2011 so that June 16 will be 90 days.

First it is a N1 43-101 "STYLE" report, and not the fully acceptable report, and second there will be no drilling because there is no money, now that can change with a JV or partner, but since we love to speculate I am going to speculate and say that tombstone is not going to be what most here are thinking it will be and that finding funds will not be as easy as most say. Therefore in closing, there will be no permits applied for and received like most are waiting to hear of, and to quote JB "permits can be applied for" not will be applied for and also "drilling can start in 90 days" not will start. So, I see yet another dissapointment on the horizon. Hope I'm wrong, but IMHO it does'nt look good, hence the PPS going absolutely NOWHERE!!