CAPITALIZING ON GROWING WORLDWIDE DEMAND FOR URANIUM
Arizona Deposits Have Some of the Highest Grade Uranium in the World
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Liberty Star Uranium & Metals > Message
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Re: Best guess where this stock is going!

Posted by: nmaycock on January 06, 2008 09:49AM

In response to: Re: Best guess where this s... by bhoover0218

Is anyone from Northern Dynasty, Rio Tinto, Freeport McMoran, or Anglo American on this support staff? Or is this support staff making decisions based on what they see in the media?

Looking at the management and technical advisory board at Liberty Star, the majority of the board have experience in the uranium field. So do you really think they are giving the gold properties a fair assessment?

Full Metal Minerals is in a joint venture with Freeport McMoran on the Pebble South Deposit. Freeport McMoran can earn a 60-80% interest and they paid a tiny 1.8 million for it. Now why is such a big company like Freeport McMoran moving in that area as well? Hmmm....maybe because they want a nice portion of the pie of the biggest deposit in the world but don't want to spend $1.4 billion in order to get a piece.

So you have three of the largest mining companies in the area of the largest deposit in the world, yet you are content with them not proving up their Big Chunk project? Trust me, a large company will come around and fleece a majority interest in the Big Chunk project for sub-pennies on the dollar just like Freeport McMoran did with Full Metal Minerals. Then you'll wonder why didn't Liberty Star spend their money, proved up the project and gotten Liberty Star shareholders a much better deal.
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