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So what happens to the money that was raised if they don't get the 2 mil in 2 months???
I'm sure the investors will not get it back.
Looks like Tracy is making a lot of money.
There is no question if HM is drilled there would be a bump in the pps. However I just do not trust JB anymore to many lawsuits, to many questionable NR, 10 mines ready to be mined and millions coming in on NP.
This is at its highest risk now, all or nothing.
So if they do not raise enough money to start drilling what happens to the money they raised???
I just don't get this PP deal???
The share price is in the mid .002 range and JB wants you to pay .004 and get some warrants with it. And if they don't get 2 mil or $150,000 than no drilling. We all know what will happen to pps.
So you have over paid on pps and warrants would be worthless. Who would take this type of deal?
Why does everyone else get better deals than the shareholders?
I could maybe see if the money on the PP would go in an account and if no drilling than you get your money back in a certain amount of time.
Does JB really want to drill???
I would not care if this ever got back to .05 I would of sold all my shares.
Do you tell them JB will do anything to keep the company going and lie to all the shareholders and get sued by many companies?
Or does that not matter to you?
Here is a question for JB.
You sent out a letter to some shareholders that stated that you will start drilling when you get $150,000, however in your last NR you did not say that you would start drilling once you get $150,000 the only figure you have is 2 mil. So what is, start drilling once you get $150,000 or wait until you get 2 mil.??
Did you lie to the shareholders before you sent out that NR so they could do some PP???
MAM
Do you believe JB when he had NRs of the 10 secret mines that were ready to be mined within a year?
Plus the deal with NP that was going to bring millions to LBSR (when they could not of been mined)?
Would a stand-up guy, as you say, say these things if they were not true?
I understand people may say and do things to try to save the company, however does that make them stand-up, honest people?
It is like the only way you can see the horse if you sign a contract that after seeing the pictures of the horse you can't tell anyone what it looks like.
You seem to know people in the mining field and they are not interested. JB knows many people in mining and they are not interested. JB went around the world to find interest and came up with nothing.
If people with knowledge in mining and people with money show no interest than who will pay for the drilling?
Nothing wrong with an update, however this seems like drilling is going to happen any day now. That the drills are getting to the sites and the process of how it will be done has started. Until you see that one small line that they are still looking for money.
Someone just looking at this might think the way this is wrote that they are starting drilling today. NO MONEY NO DRILLING!
The only way to stop the whining, as you call it, is for JB to do something positive for the shareholders and get a deal done.
Is he able to do that? The history shows no.
I wonder what the pps will do if JB dies of old age? Will this company be around before he dies? Who will take over to keep LBSR story going?
What claims that he given to LBSR were he would have made millions? LBSR never made any money for its shareholders, just lost us money. Please better inform me on the millions that JB could have made.
What you say is mostly true, however I would of like of seen the money spent in Ak used for HM. So what if we would of lost all the claims in Ak. They are not doing anybody any good now other than cost us more money after a year for claim fees. Plus we would of saved money from getting sued. If we had that money there would most likely have been drilling and than a partner to get more drilling done.
This still and always will be about the money. The rest of the talk is just BS.
If JB would of used the money to drill HM (which was at first he was going to do) instead of waste the money in Ak. we would now have something by now.
How can anyone believe in what JB says when he had lied to the shareholders in the past???
He must of forgot where the 10 mines are that was ready to be mined within a year.
Hi 777
Hope your doing good.
I feel we have all been lied to by JB or he just not that smart to run a company. Don't know what is worst him being a liar or being dumb.
To bad there is not much we can do.
What a great volume day. Wonder what tale JB will come up with now to sell more shares? You would think he could have come up with a good lie after the quite period. Like 5 more mines that are ready to be mined within a year.
It looks to me that JB does not really want to drill HM. At one time he said all he needed to drill was $200,000 now he needs 2 mil. Everyone who has seen the secret info does not want to invest in HM which includes the BOD's.
We have been lied to by JB. There are no 10 mines ready to be mined within a year. If so were are they?
There never was a deal to mined NP to get million of dollars of income.
These were bold face lies to sale more shares.
How a company can get away with this is just crazy.
Liar liar pants on fire!
Ha ha how much lower do you think bashing will make this go?
The reason this could go lower is all the extra shares that is being sold.
Plus imo unless JB explains himself about all the questionable NR's that LBSR is a scam.
Does anyone know the procedure to investigate the stories that JB been using? How can we make him prove the statements about NP's or the 10 mines ready to be mined within a year? Would you go to SEC with the NR and have them check things out? Would the SEC even care what a sub penny stock do and say?
People have bought shares that was wrote in those NR and now we never hear about them again.
Until JB starts to prove the many statements that he said in the past, I have to say LBSR is a scam and nobody should buy this stock until JB backs up what he said or gets funding!!!
I could live with that
It seems the only people who are willing to put any money into LBSR are the shareholders. The people who know what LBSR has will not!!! JB BOD's and all the people showed around the world.
Whats wrong with this picture???
I will only put money in if the company would match what we put in and only for drilling. If the company will not put up any money and can see what it has, than there would be no way I will put up any more of my money without out ever seeing any reports.
I would put in $2000 if JB and or someone on the BOD match our money.
I did my job and put my own money into this company in hopes that JB would do his job and get the money. If he can not than find someone who can.
I'm not sure how anyone can help with funding other than JB and the BOD's.They have all the inside info. They traveled around the world to talk to multi-millionaires with slides ZTEM and all the knowledge that I don't have. What do you want me to do ask people I know? Hey you got a couple million you don't know what to do with? If the experts in mining don't went to get in or the millionaires of the BOD's don't get in, you are asking a lot for the shareholders.
Here is the issue with LBSR, until LBSR gets money to drill all it is a story, a dream.
That is why the only thing that matters is getting money to drill.
The rest is nothing but a dream.
SHOW ME THE MONEY!!!
It is hard to defend JB with words of dreams and hope and this time he is going to do it.
The people with big money do not share in JB's dream or JB's price is to high.
They are just words that only drilling would prove.
No more words JB.
SHOW ME THE MONEY
Yes that was. Anyone who has been here for awhile knows that JB is a master in delaying everything.
There is only one question that matters. Is there funding for drilling and when will it start???
No shareholder really cares about what could be in the ground at this point.
SHOW ME THE MONEY!!!
He is working hard on those 10 mines that are are ready to produce within a year along with getting all that income from NP and getting all that funding set up for HM and staking new claims. I don't think he has time to wipe his a$$ after he takes a dump.
Volume up early today
It looks like we are still in the quiet period as far as funding is concern. This is the way LBSR always does things say a bunch of things that mean nothing just so they can delay delay delay and than go into another quiet period to dream up more things to delay. This is so sick.
JB SHOW ME THE MONEY!!!
I hope your right.
A team can hit a home run and still lose the game and LBSR record is 0 and 13 years. plus a PPS of .0029
How long are you asking me to believe after all these years with all the info that has come out that this recent info will now get the funding?
It is like believing a wife beating alcoholic that promises to quit drinking and beating his wife.
You are asking me to forget all that was done and said in the past because this time he is going to get it done.
I will become a believer when JB SHOWS ME THE MONEY!!
I had a huge blob that went down the toilet.