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go4pm

03/05/13 10:00 PM

#120514 RE: 2muchmoney #120513

But will JB except what NORD has to offer?? IMO JB NEEDS to come back to reality that one must crawl b4 walking, just a thought!

gempicker

03/06/13 6:04 AM

#120518 RE: 2muchmoney #120513

Well yes, I do see the synergy and that big missing piece for Nord, probably why they struggle getting the 18 mil in cash they need to upgrade their capabilities. And you are correct about the permitting in place. Now the question is assuming LBSR's scout drill program is successful, the who comes in with the capital to delineate and develop the synergy with Nord? Bankers? FCX? Nord's financiers?

I just think the biggest money will be made from now until core results from HM. Yes, long term upside from a synergy with Nord is tremendous as well, but a much longer timeline and that path is foggy for now.

I still think a major might just swallow the whole thing before all these little fish grow.