News Focus
News Focus
icon url

MineAllMine

08/03/11 12:48 PM

#68014 RE: cometa11 #68011

If you look at it like everything is a function of price, LBSR does not look like it is lazy. I imagine, just as an example, LBSR could sell Silver Bell to nearby Asarco today if they offered it at a rock bottom price. And I think after all the time Larry Liang spend in China, it would not surprise me if one or two parties there might be intrigued by North Pipes but, again, agreement on value and price is a factor. That is part of what MLV is doing and they still have almost two months on that four-month mention, which could be seen as a minimum reasonable time that even the best company can make a deal as complicated as one of these mining deals. That being said, I'd sure like some news soon too...but am certainly not selling one share because I am impatient.
icon url

aksel

08/03/11 1:04 PM

#68019 RE: cometa11 #68011

You can have all the plans you like. No cash, no build. I believe that JB has the plan but maybe the finer details are not nailed down. The net result as at now is - No cash.