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Liberty Star Uranium & Metals > Message
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Re: Alaska Neighbors Indeed

Posted by: nmaycock on February 26, 2008 03:44PM

In response to: Re: Alaska Neighbors Indeed by skys

skys,

Northern Dynasty isn't spending another dime on the Pebble project. Anglo American is flipping the bill until the production stage, so there isn't anymore dilution coming to Northern Dynasty's stock. And with Rio Tinto and Mitsu in the mix, I doubt Northern Dynasty will have to come up with any money at all when a production decision is made, as I expect their interest to be bought out by one of these large companies.

Personally I don't think LBSU gave the Big Chunk property a fair shake and in the end they'll JV the project for pennies just like how Full Metal Minerals did with their Pebble South project. Teck Cominco made a mistake giving up too early with Pebble and I see LBSU going down that same path with Big Chunk.

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