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Message: Re: Some ideas for picks- for Ganalane

Aug 09, 2010 01:48PM

Tau,

Northern Dynasty is definitely a lottery pick type of play. Hunter Dickinson has the money to get them going, even at billions of $$$. Permitting still up in the air, though making progress, maybe nearing a conclusion. LBSR, with no backing to go through the permitting process, basically went dormant and waited for NAK to do it. NAK will probably end up partnering w/ LBSR, maybe 60/40 for NAK, with NAK and HD providing funding. If/when a partnership w/ NAK is announced, LBSR should jump. LBSR is also a lottery play, but with incredible possible upside.

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