Looking Forward
posted on
May 30, 2008 08:04AM
Producing Mines and "state-of-the-art" Mill
It is very easy to be frustrated with where our share price has gone over the past year. At the same time, one must not forget to look around at most other sectors and see it has happened there as well.
Before I committed myself into Liberty I was into a number of Uranium sector stocks. I am sure if I stuck with those, (and I check them regularly) I would be in a lot worse shape than I am today with Liberty.
What Liberty has over the rest is that it has actually taken its financings and put them into solid assets of building a Mill and two mines that are just about to start paying shareholders dividends.
In the next three weeks we will see Liberty produce a NI 43-101 on the Hart project that will become one more solid asset to add to the list. There is a very good chance it will likely be able to supply the mill full production for the next 4 years. Dont forget those numbers are only to the 500 meter level.
Awhile back I was talking with and asking Gary some questions about the company's future. The one thing that really stuck out in what I heard was his comments that he "thought that this was going to be the year of Liberty Geology". Seeing the recent announcement of the Sothman aquisition and knowing we are going into a full drilling season on multiple properties, we should see some very exciting results over the summer.
On another note, thanks John and Liberty for your honest opinions. There is nothing wrong with agreeing to disagree. There are many valid points from the both of you and I believe most investors appreciate them all.
Best
Nickel.