Liberty Star Uranium & Metals

Liberty Star Uranium & Metals Corp. (LBSR:PINK) is an Arizona-based mineral exploration company engaged in the acquisition and exploration of mineral properties in the states of Arizona and Alaska. Currently the company controls properties totaling approximately 26,011 acres (about 41 square miles) which are located over what management considers some of North America’s richest mineralized regions for copper, gold, silver, molybdenum (moly), and uranium.

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Re: long story short...

almost 8 years ago

in response to risingstar's message

I backed off. If I could be sure at some point that the funds currently in the bank were in the $125-135,000 range, and if I could be sure that drilling would start when cash reached $150,000, I would be willing to put in the next $3000. From the earlier responses, I believe we could find 4-5-6 people who would buy another unit. And I would be willing to put in the final $3000 to hit the $150,000 mark.

But I'm a little skittish. It occurs to me that IF the PP unit money had been held exclusively for drilling, then right now we would quite possibly have hit, or be close to hitting, the $150,000. But of course it also occurs to me that if LBSR had not paid the claim fees and other necessary expenses, we would probably not have anywhere to drill.

So my offer is still on the table - just gonna require more positive answers before I put up the money.