Liberty Star Uranium & Metals Corp.

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Message: So very disappointed...

Rishingstar, what might you be looking for in regards to a deal on NPSP? JB has confided that he wants a long term, 100 percent owned income stream from that project. Therefore, any deal done now would include only a small fraction of the property, and more than likely a JV as opposed to a sale (though there may be some small chance of that).

If I am correct, we could see drilling in a matter of weeks-to-months following the annoucement. While results may come quickly, permitting may be an issue, given the sensitivities? of the administration and the EPA over Grand Canyon-related uranium mining, so I would not expect too much of kick to the share price, if drilling shows the target to be mineralized. We shall see.

VP

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