Xtremepicks.com: LBSR - It doesn't get any better !

Aug. 26, 2010 - PRLog -- Good evening xtremepicks.com members.


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The markets found support and closed in the green today
Gold and its cousin Oil also witnessed some buying on the session today.

As we wrap up another day of action here is what was in the news.

   * Food prices lowest since 1992- Reuters
   * Witness: Execs knew Stanford tapped investor funds- AP
   * Apple to hold September 1 event, may update iPods- Reuters
   * Oil settles higher after 6 days of declines- AP
   * Dell to challenge HP with new 3PAR bid: source- Reuters
   * Labor Day travel seen up nearly 10 percent: AAA- Reuters
   * Lack of skilled workers threatens recovery: Manpower- Reuters
   * Wal-Mart Stores appeals sex discrimination case- Tech Ticker
   * What backlash? Incumbents win big in Tuesday's primaries ... Sarah Palin, too- Tech Ticker







LBSR continued its rise to new heights today. Closing at $0.116 LBSR gained another 22% on volume of 11.2M shares.

Today's close officially puts our gains on LBSR at 2874% and counting. All it takes is one or two plays like LBSR to make your year in this game and that's why xtremepicks.com continues to grow by leaps and bounds. You have our guarantee that we will continue to work around the clock looking for the next LBSR to bring to you our loyal members.





In case you haven't heard, here is what all the fuss is about.

LBSR is a mineral exploration company that engages in the acquisition and exploration of mineral properties in the states of Arizona, Alaska, and Sonora, Mexico. LBSR controls properties totaling approximately 160,000 acres, which are within what management considers some of North America’s richest mineralized regions for uranium, copper, gold, silver and molybdenum (moly). Liberty Star Uranium & Metals Corp. has their corporate headquarters in Tucson, Arizona.

LBSR holds, under their North Pipes Super Project, 1856 standard Federal lode-mining claims. These cover more than 38,000 acres in numerous blocks targeting breccia pipe hosted uranium deposits. The Company has a joint venture agreement with XState Resources, Ltd. for exploring, developing, and mining some targets.

LBSR, through their wholly owned subsidiary, Big Chunk Corp., also holds the claims to their Big Chunk Super Project. The Company’s Big Chunk Super Project (BCSP) comprises State of Alaska mining claims covering approximately 177 square miles in the Lake Iliamna region of southwestern Alaska. It targets copper, gold and molybdenum. Through Big Chunk Corp., they also hold the claims to their Bonanza Hills Project, covering approximately 14 square miles in southwestern Alaska and targeting gold with by-product silver. The Big Chunk lands are adjacent to the Pebble property.

On May 18, 2010, LBSR announced that they received the completed 2D ZTEM Report for the Big Chunk South Block from their geophysical contractor Geotech Ltd. The report states that their interpretation “shows at least 6 to 7…signatures…that are consistent with porphyry copper responses…Comparison against ZTEM 2D resistivity inversion results have defined resistivity features that resemble typical potassic-altered core and pyritic-propylitic halos over known porphyry systems, extending to great depth (>1 km or 3,000 feet).”

On July 8, 2010, LBSR announced a new partnership with Northern Dynasty Minerals Ltd., holders of the Pebble property. LBSR sold 13 percent of their Alaska lands (23.4 square miles) to Northern Dynasty. The two companies expect to finalize an agreement that includes a definitive earn in option for Northern Dynasty and joint venture agreement that sees a 60/40 split for Northern Dynasty and Liberty Star.

And there you have it, we leave you with but one parting question. Why is LBSR not trading in the high $0.20's? We think it will soon be.


Some additional plays on our radar include: KATX, QASP, SREH, QSGIQ & WAMUQ.


As always make sure you do your due diligence on alerts, tweets and stock picks.

Stay tuned to Xtremepicks.com your stock trading connection.

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