Liberty Star Uranium & Metals Corp.

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Message: Q&A Part 1

Excellent feedback from CEO. The 2 mill is as said to keep the waters from getting all muddied up going into future expansion of HM development. Keeping the financing clean. From some of the reading he has nmentioned prior that the starter in phase one drilling wil have a prority for future financing. As this sector sems the most lucrative and the most stingy since 2007/08 since the Great Depression. Just let me ask a stupid question agin,OK. What was so Great about the Great Depression? NADA, right! IMO JB&BOD are awaiting the exact fit in the partner that they are looking for to enter in as a partner, that will be a long term fit for LBSR and will work well to the maximum for all concerned. To me it indicated that JB&BOD would like to avoid any/ANY more share dilution via the outside Bankable type of discovery.

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