Replies to post #138256 on Liberty Star Uranium and Metals Corp (LBSR)

[MineAllMine]

Good to see SGR...but in my opinion, Rosemont is a different story. I have friends in Tucson who are pretty normal and don't seem very keen on Rosemont because they used to hunt or hike on that land. It really is beautiful. I am not saying I am against it. As I've said, I've worked on their ad campaign and I believe they will mine very carefully. In fact, they will have to.

The Tombstone claims on the other hand, are pretty much hilly scrub desert. Not ugly, but also not pristine mountain beauty like the Rosemont area. Also there is obviously a strong precedent in this area for mining. Nord is not all that far away. Water may be an issue, but I think JB has some plans for that. Just my thoughts.

[Dreamchaser]

Very true, indeed. But here's the thing: plans for a mine must be considered before a partner comes on board to start the process of getting permits. The good thing on our side is that the price can go above a dollar if drilling discovers a motherload of gold. Expectation alone can take LBSR flying. So far, all reports look very positive and therefore we should be looking at the short-term drilling program as for a price hike in the stock. At that point, a partner like Mitsubishi may be feasible.In my opinion, we can climb to 20-50 cents easily if even one drill core assay examination is positive for high content in gold. It's all worth the risk, to me. When we get to the mine planning stage, LBSR could reach a 20-dollar stock, as was NAK at one time. Still, that kind of price will need a reverse split along the way. Expect one in the future. My whole point in posting that article was to show the long term and not the short term, that's all. Everything depends on drilling. With the loan the company has right now, it is enough to make some hair-raising discoveries. We could lose our money, true; but we could become big winners also. Again, watch the drilling reports; they will signal when to get out or buy more shares.