Replies to post #99646 on Liberty Star Uranium and Metals Corp (LBSR)

[Belgianshareholder]

(Part 2)

Moving on to other subject areas, North Pipes, among other things, has up to 15 percent zinc, plus Vanadium. While there may be a million breccia pipes in the Arizona Strip, environmental concerns, rightly or wrongly, are compromising development, though
LBSR is grandfathered.

Silver Bell appears to have land area complications resulting from the creation of the Ironwood National Monument. However, there is a work-a-round available
via ASARCO. To my mind, this limits the potential for partnerships at Silverbell
to ASARCO, and that will happen when ASARCO is ready and not before.

Resources at Pebble are at least double what has been published. Pebble is the worlds largest gold target.

One of the best Big Chunk targets touches on the edge of the Pebble project in the White Sox area. IT IS DRILL READY, but the company wants to raise 2-4 million
first.

Owing to Chinese internal restrictions on investment expenditures, LBSR will need to advance Big Chunk by about 25 million dollars before JV funds can be expected from China-based
companies. One or more, and I'm not clear on how many, are very seriously interested,
but they are held back until further field work meets their prequalifications.

Otherwise, the presentation was punctuated with lots of graphics, some of which are "proprietary" and will not be available on the company Web site for now. This
seemed particularly so in regards to work going in and around Tombstone.

Given general market conditions, and more so in recent years, major mining companies are even less inclined to finance/JV exploration projects. I will add, too, that with banks also being out of this market in recent years, these are really hard times for explorers. So, while some of us have been speculating about possible JV's with Freeport, or other majors active in Arizona, such does not seem likely.

This all means that explorers such as LBSR must rely on their own abilities to raise
raise cash, as traditional other sources have gone dry.

I would conclude, therefore, that if anyone is interested in acquiring blocks of shares here, that they contact the company before going to their broker, or buying piecemeal OTC. I would do this, but I'm overextended here already.

VP in AZ


Sentiment : Strong Buy

[Crystalballz]

So boots on the ground confirmed the following?

Crystalballz Member Profile Crystalballz

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Friday, June 29, 2012 1:39:47 PM
Re: CEMJQ Multi-Millionaire post# 98183
Post # of 99729
why would the ceo try to talk to every shareholder in america one-on-one? Maybe to convince the stakers that he may need raise A/S and dilute to keep things going? Who wants to repay a 10M loan when all you have to do is a "whirlwind" tour, with a finance note saying... "see, they believe me, you should too"

If its truly great then DO IT lbsr, stop the talking time & touring the country side like your michael jackson



just my opinion

private placement is just another form of dilution bargain selling, ultimately chopping legs out from under common folks