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: Dennison Mines

Posted by: skys on February 05, 2008 10:38AM

In response to: Dennison Mines by phord

phord,

I don't think the "big boys" are just sitting around waiting for LBSU to run out of money. We can't be certain they are even looking yet. What I am certain of however, is the fact that if they open their wallets they want to be absolutely certain of the value of what they are buying. LBSU has not as yet reached the point where they have a well defined value. Until that time even approaches, this is a mute point. However, I disagree that there is no hope for shareholders short of a take over by a larger interest. Let LBSU hit some U grades comparable  to historic ones in a couple pipes and you will see much more interest develope quickly along with a substantially higher share price. At that point the possibility of raising needed venture capex for a 20-30,000 ton/day mill will be very much a conceivable play, because as yet share structure is reasonable. That said, while it's still a very speculative play, I like this one too because of it's huge upside potential for a stock in it's current price range. ---Good luck to all in it.

skys

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