Liberty Star Uranium & Metals Corp.

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Message: Trouble for Rosemont

Bad ruling, but will certainly cause delay and expense (as intended): 

https://tucson.com/news/local/judge-won-t-reconsider-his-ruling-stopping-the-rosemont-mine/article_f57a0ac1-58a2-50a6-b3b8-d3ee6cff978b.html

But I wonder if this speaks in favor of LBSR's acquisition of additional land around the HM project. Likely will be just as subject to challenge (they always find a way - whether by owl or by tribe), but perhaps others on the board know better. 

FWIW - I found Mr. Gross's update more positive than others here. Look, we know that as an exploration stage company, the deck is stacked against us. Seems to me they are doing what they can to advance our most strategic asset. And let's not forget the monies that they have invested here, including additional personal loans and equipment acquisition to keep it all going.

I just wish that JB was still part of it. While he put in less cash, per se, he put in years of little-to-no pay and ALL of the geologic genius. I think any future partnership would benefit from his involvement.

A fair way (IMO) to value his unpaid salary would be to divide it annually at the average share price for such prior year. I.e., if he didn't get paid $100K in 2015 (as he was owed, let's say), what would $100K have bought in the open market (on average) that year? Just a thought... 


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