Liberty Star Uranium and Metals Corp (LBSR)

[rocarico]

Just wait and see.  An explosion is coming.

[kickedoffagain]

Newuser: I don't know anything other than the founder's thesis is most likely correct - that in and of itself makes this worth paying attention to. I do not have Private message access.

[gitreal]

Down another 13%. Investors don't seem to like dilution.

[gitreal]

Another toxic convertible note. Ho hum.

[kickedoffagain]

Yes, in the sense that returns were observed and that such was not anticipated - or the level of return was somewhat surprising. To date I know of no effort to further investigate or quantify.

As I recall the assay results . . . . I don't reemember if any REE's we specifically tested for, or if they were revealed as part of the process. JB addresses the topic in NR's at the time, in his usual Blue-Collar Scholar style and I am sure you can find them on Liberty's website.

[gitreal]

Yes, that's the bull's thesis. But when the company trots out stupid stuff like REE and lithium(!!?), who can take them seriously?

Lithium is primarily sourced from brines and hard rock deposits. Brines, found in salt lakes, are a common source, often yielding lower-grade lithium, while hard rock mining, which involves geological surveys and drilling, generally results in higher-grade lithium. Lithium-bearing minerals, such as spodumene, petalite, lepidolite, and amblygonite, are extracted from pegmatites.
Here's a more detailed breakdown:
1. Brines:
Salt lakes:
Salars, or salt lakes, in South America (Chile, Argentina, Bolivia) are major sources of lithium, where it is extracted from the brines.
Subsurface brines:
Underground brines trapped in the Earth's crust are also a source of lithium carbonate.
Oilfield and geothermal brines:
Extraction from these brines has been demonstrated and may become increasingly important in the future.
2. Hard Rock Deposits:
Pegmatites: These granitic rocks, enriched with rare metals, are a source of lithium.
Spodumene and Petalite: These are the most commercially viable lithium-bearing minerals found in pegmatites.
Hectorite and Jadarite: These minerals, found in sedimentary basins, may become important future sources of lithium.

Does LBSR have any salt lakes on their claims? Documented brine occurrences? Lithium pegmatite occurrences? Sediments with lithium rich clays?

Nope, nope, nope and nope. So why do they insist on touting a commodity that they don't have? Because they're picking things that are in the news headlines?

[Milo2]

Very positive/suggestive Z tem along with robust samples in an historically rich mining region, with good infrastructure and year-round mineability. Part of a porphyry?

Recent $10 million funding for drilling campaign, insider buying, soliciting Washington/GOP, with gepolitical winds favoring domestic sourcing.

Metal prices, skyrocketing, and likely continued devaluation of our dollar.

This is the bulls thesis. Do I have that right?

[gitreal]

Yes of course he said that. What most people don't understand is that REE are "present" in every sample you can possibly take, in any kind of geology. He wasn't lying but he wasn't being very honest either. He was counting on the ignorance of his investors.

And current management IS DOING IT AGAIN!

And now lithium?

Are they deliberately trying to drive away savvy investors??

[Milo2]

I recall Briscoe saying that REE had been found in the samples!?

[gitreal]

The company's Hay Mountain Project in southeast Arizona is positioned as a strategic asset for developing copper, lithium, and rare earth elements,

Copper, maybe. But REE? Lithium? Who could take these guys seriously with nonsense like that?

[Zilidium]

Not really news, but interesting info nonetheless. https://www.stocktitan.net/news/LBSR/liberty-star-board-chair-pete-o-heeron-director-gerardo-king-11lct93m4bir.html?utm_source=chatgpt.com

[Milo2]

The insider buying is the most we've seen in several years! Most of O'Heeron's shares (~ 3M of ~ 4.6M) were purchased in early March.

I'm back in with a small position!

[wshaw14]

Wow, I am shocked to see this so called "company" is still around. The only thing they are ever going to mine is investors pockets.

[Zilidium]

more insider buying, thats new and improved.

[MineAllMine]

The new video put out yesterday is worth a watch. A little more detail about the increased gold indicated and even a couple sentences from Gerardo King about finding investors.

[gitreal]

The "Hole in One", the "Blue Core", all that nonsense. It is so convenient that the core was never analyzed, and then the core mysteriously disappeared. The few pictures I saw of the core showed nothing exciting, and I have seen a lot of core.

[Madanthony2]

Ol JB drilled next pebble too, then walked away to start new shell game, thats all this is.

[gitreal]

They did finally drill, but not any of the Hay Mountain targets. Too dangerous for the company....if they drilled and missed (which is likely), look out below.....

[Madanthony2]

I see nothings changed here from the days of JB, sell a dream, take investors money, rinse and repeat. Suprised people still falling for the decades old bs.....

[Lowjack]

You would figure T-Rex would have learned his lesson last time with these arms length transactions! xD
See ya back at .0001 this time next year~!

[gitreal]

Yet more toxic debt. Convertible at 65% of VWAP. Nice!

[MagicalMaverick67]

Down. Rumor of a put on this stock as part of current finance plan. Agoracom has gone silent on this symbol .

[1950tiger]

What goes UP must come ____.

[1950tiger]

North by Northwest

[1950tiger]

Good direction heading North instead of South!

[Zilidium]

...impressively, I might add. 75.82%

[Zilidium]

we are going up.

[gitreal]

10% interest helps a little.

[rich2]

https://bit.ly/3zaUBRv

Less than 20 K used to pay, balance loaned/advanced by CEO probably used to continue analysis and further drilling.

What CEO keeps investing money if he does not think the whole project is fantastic. Over 1.5 million acres WOW

[rich2]

A new 10K is out

Patience my friend is a virtue
I might try adding some more at this bottom
LBSR

[1950tiger]

we are going down!

[rich2]

new 8-K today that is dated 8/28 showing Pete advanced the company $120,000 for ongoing operations and exploration expenses. It also notes he loaned ("advanced") the company $30,000 on 8/5 for an August total advance of $150,000.Once again Pete steps up with a considerable amount of money showing his confidence in what LBSR has

[rich2]

going back up now

8K released



LBSR

[rich2]

I thought .15 was low getting real close to reload in my opinion, Last Friday was hard on many stocks





LBSR

[rich2]

A form 3 was filed giving Gerardo King the right to buy 75,000 shares of common stock at .16.


LBSR planning for the future in my opinion

[rich2]

LBSR

form 8k is out

[gitreal]

Convertible notes are awesome, Rich! For the lender, not for you.

[rich2]

From another poster from another message board

Pete has access to credit line for three years since IPO. He has already placed several loans. If grab bags bring positive news, and drilling at RRC starts, plus suitable partner aligns, this could move up to a $1 stock and perhaps even $5. That is a nice return to speculate on. Let us hope that the stars have aligned for liberty star. A year from now and perhaps sooner we will know more.

[gitreal]

When nothing else works......add another useless BOD member.

[rich2]

https://www.libertystaruranium.com/?p=10955

adding a new seasoned director to LBSR's team

[gitreal]

You didn't see the analyses? Not exactly stellar.

[rich2]

thank you to someone

soon I believe we will hear some analysis for samples from LBSR

[1950tiger]

Down she goes!

[gitreal]

Rich, you picking up some of these cheapies with your "chance" money? Bargains!!

[gitreal]

the filing of a Certificate of Amendment to the Company’s Articles of Incorporation to increase the Company’s authorized number of shares of Common Stock from 75,000,000 shares to 150,000,000 shares, including 149,500,000 shares of Common Stock, par value $0.00001 per share and 500,000 shares of Class A Common Stock, par value $0.00001 per share, and to restate Article IV, Section 4.01 thereof.

[gitreal]

Do not know the type of deposit

Not surprised.

[rich2]

Do not know the type of deposit

So far I think they are reporting "channeling results" from Red Rock.

[Zilidium]

Interesting. For an idea of what is considered "good quality", According to the World Gold Council, larger and better-quality underground mines contain around 8 to 10 g/t gold, while marginal underground mines average around 4 to 6 g/t gold. Open-pit mines usually range from 1 to 4 g/t gold, but can still be valuable.

Any idea if this is a lode deposit and placer deposit?

[rich2]

another insider loan along with good news, getting more and more interesting

NEWS: Liberty Star Finds Bonanza Grade Gold Samples up to 85.8 g/t over 1’ at the Red Rock Canyon Gold Exploration Property, SE Arizona

https://www.globenewswire.com/news-release/2024/07/09/2910368/0/en/Liberty-Star-Finds-Bonanza-Grade-Gold-Samples-up-to-85-8-g-t-over-1-at-the-Red-Rock-Canyon-Gold-Exploration-Property-SE-Arizona.html

[gitreal]

And.....another toxic note. Seems somebody knew an 8k was coming, broke down through $0.30 barrier v. early today before it came out. Hmmm....