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Normally I would not reply but...
In Plain English it says "the company received comments from the sec that the withdrawal would be appropriate"....how you interpreted and twisted the words to mean Sec required the withdrawal to be beyond me....
It means LBSR initiated the withdrawal request by asking for comments from SEC which the sec commented on and said it was appropriate. ...
We are reading English
This refers to the 100,000,000 share issuance for up to 8 million dollars to Tangiers.
This offering is now withdrawn.
It could mean many things....Something exciting maybe in works in terms of funding.
Regarding the outstanding warrants....Any such Increase in shares due to warrants will mean that company is succeeding since any warrants now are for much higher price than current share price. Once price per share goes up LBSR gets cash and warrant holders get stock they Paid for. A cashless warrant exercise can be done but it still means much higher share prices...Some warrants are at 2 cents and higher...ten times the current price.
We will see soon what the Tangiers withdrawal means.
Hey llhabela777
What you posted makes sense and you are right everyone can make up their own minds....
You definitely have offered hundreds of hours of your due diligence here. That is purpose of any board.
Stating that someone sold or bought is interesting but not due diligence sharing which is useful...
Everyone frustrated is understandable. ..
Hopefully tommorow is a better day.
There are many real posters here....HKIPP1 being one of many....
I asked LBSRtodollars why, how many, and what price and he did not answer...
Everyone can therefore decide for themselves who is telling the truth.
Why?
How many?
What price?
Maybe explains price action today...
I honestly and seriously believe that a more Serious situation than your concern is if a T - Rex was reverse Genetically engineered and came back to life and had Briscoe for dinner while he is out on field trip in Hay Mountain.....
In that case do you think the share price of LBSR could be lower.....maybe around 0.00186?????
It is something we have to consider!!!!!
I did not mention that Martians might also attack the offices of LBSR and set up base camp at Hay Mountain! !! In that case share price could be lower around 0.00186 AND we would have to pay rent to the Martians....we would have to sell more shares which will drop share price even more. ...Lower than 0.00186!!!!
We need to be careful!!!
Your posts as well :)
We all appreciate your insight especially with the new Tangiers agreement.
Actually in 2010 the price from the bottom of Lows if you could time (impossible) to highest of highs was 10,000%.....not 1000%.
Market Capitalization of LBSR is what matters as you point out.
In an earlier post several months ago...
I calculated a Net Present Value of a proven 100 billion Hay mountain deposit WITH NINETY NINE (99%) of the Entire Project Given away to potential funders (Lbsr retaining only 1%) with 50 year life of production at an Interest rate over 50 years of just 3% (used in NPV calculations) And 1 Billion shares outstanding at a minimum of 25 cents a share.
Any improvements in above assumption can easily double or triple market cap to 750 million..
Those are just assumptions of course....depending on many factors.
In addition
Interesting observations/Facts
Copper at 2.93 well above the lows of 2.40
FCX also is way UP from 16 to 24 on Friday's close.
Oil at 59 well above lows of 43.
LBSR per Tracy's response REFUSED THREE Large Miners who did not sign a Long term confidentiality/No Compete agreement to protect shareholders.......Not something you do if you are NOT Confident or Desperate,
Shares being converted and bought despite having ability to be converted in October when prices where well above 1 cent.
New Finance agreement as you said provides for common goals of a rising share price for higher profit.
I choose to IGNORE all of the ABOVE and believe the Play one on Ihub Financiers and Geologists and Prognosticators.....ROFLOL!!!
I would listen to analysts since they are "REAL" Analysts not play one on ihub analysts....
Quote..."Sadowski is also optimistic about the future of the uranium market. The Raymond James analyst is looking in particular to the return of utilities contracting to meet uncovered requirements — the first instance of that was the recent India-Cameco deal. He expects both spot and long-term prices to react accordingly, moving towards the mine-incentivizing levels of US$70 per pound of U3O8 within the next six to 12 months."
Good news for NPSP if it occurs.
Answers to your 3 paragraphs
Logic says Not likely.
That is the point I made regarding delays in conversion until recently with weak share prices.
Absolutely not!!!....trust me!!! ...I sold all my shares!!!....I am just playing a geologist on ihub posting day and night about a useless stock wasting my life.....ROFLMAOL!!
I have posted same thought several months earlier when the outstanding shares started going up and price down.
I assume financiers are able to convert the notes at anytime after deadline of payment is passed. They can Not own more than 5% or 50 million shares....
However, we know financiers are companies made of people who know others and can inform them of the company LBSR.
Second to provide the loan LBSR must disclose information which is not available to us which gives financier some confidence in repayment of loan and company not a fraud...ie in order to sell shares.
Why many Old loans are being converted now???
Could it possibly be the financiers looking to get as many shares Ie ownership of company as they can....besides retail who bought 250 Million shares issued last few months.
.
I asked these same questions but was replied that financiers only interested in spread of the note.....true but at low price they get to own much more shares at low cost and above 5% limit have "acquanitences" get their fill....
By the way like Flying Albatross....I sold ally shares Banks....ROFLMAOL! !!!!
All your points on Hay mountain are correct MAM
The post was not deleted. ..I saw it and Elis commented on it. It said sub penny coming....that was all it said.
It is like if I posted a dollar coming....
No explanation no reason given. Maybe it was deleted later.... It was a guess. ...it is just as likely to have been right as have been wrong.
Again use your judgments on Altruistic posts including mine.
OMG!
I am selling all my shares immediately!
I have been fooled!
Thank you for your generous altruism!
You will see all my shares for sale....TRUST ME!
ROFLMAOL!
This is what people said about Rosemont copper...it will Never happen in Arizona....LOL!
All it took was senate control and some land exchange and a Strong AZ congressional delegation and Voilà...approved preliminary few months ago...
Glad to see so many "experts" predicting the future of LBSR here.
I would rather ask my dog for advice than listen anything predicted by anyone including me...
No one knows future!
Go LBSR
Stay strong
The tide will turn.
Hello HKipp1
The play one on Ihub Geologist is un-knowingly showing the source of the Problems LBSR has faced since the beginning in Alaska and North Pipes.
What he fails to mention is that the American People Responded by a RESOUNDING DEFEAT of the Party that is causing all these problems....
The testimony was in June 2013 before a House Majority by the GOP. Yes the company lost the suit or is still fighting it....However more Importantly in NOVEMBER 2014 the American People went and Voted and KICKED OUT the party that had dominated the Senate....
In 2016 the same will happen with the White House hopefully....
More People identify with the GOP due to the EXCESSES of other party.... You can deny or ignore all you want but the Elections have consequences....
I Can NOT imagine a Company that will bring grievance to SAFE RESPONSIBLE Development of the North Pipes claims being denied again with a GOP Government in charge....The DOI needs money and that is paid by the American taxpayer.
This over-zealous excess is no different and is a rule said by a historic Italian lord....Power Corrupts and Absloute Power corrupts Absolutely!!
Go LBSR
After 2 straight losses in congressional elections. First the house and then senate. The presidential election likely to be in GOP...it will be very clear to every government agency who is in charge. The north pipes are grandfathered and if some bureaucrat decided to be over zealous Even on a plan that mines the pipes very carefully and protects the environment, they will realize Congress can and will act. The current regime will be gone soon.
Go LBSR
Actually....
It is re - assuring that they don't post here in response to the non sense being spewed. ..because that would indicate they are not real.
No real honest person would waste their time responding to that non sense!
They will post when deals are announced.
Meanwhile we have posters who sold out trying to scare longs to selling so they can buy lower.
The low per share price is not anyone's wish and only a function of risk/reward.
In this case I would rely on Briscoe ' s real world experience than the master play one on Ihub geologist.
Hopefully a funding deal soon and a new era.
Fully agree.
But it will be deleted.
Briscoe...wake up!
Every long here I hope will reply to you soon...
Briscoe...it is time to take care of your shareholders.
Go LBSR
Thanks HKipp1
You know a person's education by his words and reason....
You are an intelligent person UNLIKE the play ones on ihub geniuses....LOL
Go LBSR
Thanks Elis.
The comment was posted by mstoniev maybe we have different post numbers you can see it on March 9 where he is showing numbers that lbsr spend a lot on salaries and misc more than scientific work...
Thanks for your reply.
Go LBSR
Get a JV and end this toxic financing!
Elis... since you have followed the quarterly reports of LBSR like a hawk. Can you respond to the comment posted by our play ihub geologist post number 149821.
My second question is why do you think LBSR is selling so many shares at this point in time. What is reason for all the expenses and can it be a good reason?
Go LBSR
Surprise us with an Early market NR
Good science and methodical long hard work trumps flash in the pan type hype.....No matter economic environment. ..The efforts eventually build a strong case and pay off.
Go LBSR
No worries about shareholders once any JV is signed with NPSP or Hay mountain.
All the selling of shares would stop and options would take over. Also NPSP would bring cash flow.
But first get any JV finalized.
Go LBSR
If anyone from Lbsr is reading then listen to dentman1....
This is how you should get out the news releases..If not wait until it is ready...better this way than any rush news NR with no substance...
Dentman1...If lbsr releases all you said then forget 0.0128....it will be closer to 0.128 to 0.25....it just depends on details and timelines.
Go LBSR
I mentioned before that a home that I had for sale was broken into and the ONLY thing they stole was the copper pipes...cost 10000 dollars to replace with labor all the damage. Luckily the home was finally sold.
copper is very valuable and no matter the spot price will always have a market. Also many other byproducts metals as molybdenum gold zinc etc... make up for changes in prices of copper.
Hay mountain will be profitable.
How much depends on world economy but nevertheless profitable. ELIS pointed out how the largest producer of Copper believes there will be a deficit. I'm pretty sure they know about resolution and I would trust their forecast over the play one on ihub geologist forecast....lol.
Go LBSR
To borrow a phrase from someone in the news recently.....
"It depend on what the definition of a 'TON' is"....
Go LBSR
Maybe NR before market open monday...
First...I am a pumper...so ignore me...
Now that we got that out of the way.
This is based on a large educated assumption that drilling will prove a 100 billion Hay mountain deposit....This is a huge assumption but let's just say it proves true...
The NPV is net present value of the 50 year cash flow projected of Hay Mountain at full production assuming price of metals and annual production stays constant at 10% interest rate...
As you can see, tremendous assumptions...but I took the worst case of very high interest rates and 50 years production . But to make it as bad as possible, I took assumption that LBSR gave away 99% of the Hay mountain project to a JV partner (s)...
I know I am dreaming yahoo pumper who is posting lies....I get it
Good night.
Go LBSR
You answered it...Greed.
They thought Briscoe was going to make a better case for less controversial land and better methods...NAK was in dollars at that point still...
I think all the new directors at lbsr are as committed as Briscoe to be a success.
Go LBSR
Regarding Alaska. ..I agree.
NAK was looking for its interests...
Could have been better cooperation with LBSR....
Once again although none of this is proven Yet...
Assuming correct estimates proven by drilling...NPV of Hay Mountain comes to 0.25 dollar per current share if 1% retained by LBSR which would be laughable.
Once again who knows what will happen if a deal is signed.
But I'm just a pumper so ignore me....
That is what the summary management NR stated.
Every great reward needs great effort. So I can accept the previous delays when a deal is finalized finally.
Go LBSR
I thank once more all the intelligent retail selling and make coffee money which will be taxed at highest personal income tax bracket. This is the Best strategy for making money with LBSR. Trust me..............
Anywhooooo
Not to let the company off the hook....they need to conclude a deal.
Go LBSR
Ok, I understand your explanation.
5% of 900 million is about 45 million shares that they can hold and not report which is still a large amount. If they are different financiers it could be much more.
So it is a question of whether the shareholders believe in the company to create value on who buys the rest.
We shall find out what happened with the meetings.
Price of Copper is now at 2.71 and all indices at records. Demand looks to be picking up with lower energy costs.
Go LBSR
Is it possible that recent price drop before the meeting were convertible note holders waiting for the lowest price they can get to convert their notes to LBSR stock?
If the above is true....then wouldn't that mean that these note holders believe in LBSR may go much much higher which is why they are trying to get as many shares as they can Now!!...If they thought it could go lower then they would have waited more....
Any comments on those 2 statements.
I thank any retail selling for increasing my share count...LOL.
And One more thing....
on ignore....
Talk to yourself....
And when a JV is formed and the stock bounces back.....
You will suddenly fade away....
and a New Alias will appear that claims it is going to 10 dollars.....
How much have you loaded with your negative sewage posts on LBSR.
Depends on Who he or she is and who is he or she is buying for....
It may be surprising.....Just be careful
However a JV will take care of this STUFF!!