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gempicker

05/17/13 7:47 AM

#124067 RE: Warby 3 #124065

I believe the loan, debt elimination and transfer of claims is all but settled pending the removal of the lien.

If it were not, then technically, those claims are still LBSR's as would be the assay results which could then be released.

I would think both NAK and LBSR have a working understanding of this situation and one can read NAK's filings to see their take on the situation as they remain confident in a resolution that completes the deal legally.

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MarketGeometry

05/17/13 8:50 AM

#124074 RE: Warby 3 #124065

Forgive? They are doing business not charity. You forgot who called the loan and 45 day notice.