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True statment, all mining stocks had a run up in 2010
True no one ever talked seriously about shorting this stock, I guess hypothetical thinking is to far out of the box for some, except when it comes to LBSR, then every scenario is possible, except one, ur money is lost
Who would waste their time with anything but a few words with this stock, the words" If I could" turns into I could here, just as Ztem readings turns into a major discovery here, desperate longs
Sounds promising, it's only a matter of time before champagne wishes and caviar dreams come true here
Or a major discovery at Hay mt
Good grief
I see some not only have trouble making wise investment decisions I see some have trouble comprehending what the word IF means! no wonder some r stuck in a losing position
No my argument is that the market goes up and the market goes down, depending on the market going up eliminates u from a large part of market cycles, very simple concept but very hard to put into practice for the inexperienced, again if I could have shorted LBSR with the risk ratio i mentioned i would have done extremely well to date, up greater than 500% over the last 2 years, WOW! wouldn't u love to say that! other hand longs here r still wishing,hoping and praying they breakeven
It's the only way you could've made money on loser like this, but u can't, all u can do is wish, hope and pray JB comes thru for stockholders like the longs do here, what a sad and disastrous choice that has been for them
And speaking of shorting, as some like to talk about the risk to reward ratio is good here they missed the boat, a 10 to 1 risk ratio on the down side would have put u up 800% on this stock loosely using ratios, because since I came here stock has fallen at least 80% so as I said before the negative post has been the correct ones on this stock, that's a fact look at the chart, not even calculating the wasting resources of letting ur money sit in a investment that keeps going down, but what do I know
Here's what I mean by a garbage project, it's one that has been passed over by those in the know technically and financially and will only get funded when those in the know I mentioned has excess $$$ to gamble on very high risk projects, those days r over for now anyways, and wishing, hoping and praying that's not the climate we r in is pure folly, but can he get the $$$ to drill a few holes? Maybe, but that will kill the golden goose when it happens. That's why I can't understand why the technical aspects are not shouted from the roof top or the top secret warehouse, makes no sense in this climate, unless something else is going on here?
Just speculating like the longs do, but on the other side of the coin, negative yes, but investors make tons of $$$ betting against companies in the markets, if I could have shorted LBSR when I came here I would be up big time
Rationalize, theorize and defend, but the even larger point is this that is a losing gamble now, and will be in the future, but keep it up, hope springs eternal, but not money
I'm sorry but that's not true but it sounds good, my point has always been here that Hay Mt is a garbage project that JB is promoting as world class, supposedly investors smarter than u or me has seen the goods but passed on it, so saying Hay Mt is a bad project until it's not makes no sense, but I'll give u this much, JB could be a good guy promoting a bad project, but if he's a world class geologist he should know that, so we're back to the beginning aren't we
As long as drilling never happens Hay Mt can be all things to all investors, whatever mineral u want Hay can have it in abundance, kinda like a magicians act, whatever u want JB can make it appear, simply mention in a PR and the faithful will run with it, brilliant! this can continue indefinitely
Actually not a bad prediction, I've been here over 2 years and he's been predicting doom since I got here, LBSR is down about 80% since then, so predicting doom has been the right call, going long has been the losing call as longs know all to well, a trade is all its worth, and I'll stand by that prediction
There's always hope for a company with proven resources, there's none here, unless it's something I missed? If I did please tell me where to find it, dreams among penny stocks is a common occurrence and a sure way to separate investors from their $$$, and I can prove that, how? Look at the pps for the last 5 years, that decline is investors money disappearing, take notes of that please
You'll do better off to Google it, asking people who r down 90% + isn't the crowd I would be asking for any knowledge on anything, and BTW if that's not enough they still believe in a dream from the same person who lost the 90% in the first place is still peddling, I could see new management, but it's the same guy pitching the same stale bread, and that's not negative, it's the truth, and people who see the truth live longer than the always positive or always negative people
You'll do better off to Google it, asking people who r down 90% + isn't the crowd I would be asking for any knowledge on anything, and BTW if that's not enough they still believe in a dream from the same person who lost the 90% in the first place is still peddling, I could see new management, but it's the same guy pitching the same stale bread, and that's not negative, it's the truth, and people who see the truth live longer than the always positive or always negative people
After 4 months of no communication with shareholders the lights r off, the question is whether or not they'll b turned back on
The most common thing among explorers is to drill, prove up ur resources and sell out to a bigger fish, seems to me more info not less would accomplish the goal to get investors on board, I think he's got it a$$ backwards in making things so secret
I am still mystified concerning the NDA, most mining companies disclose almost everything they can to attract investors, is this common occurrence
Keep saying millions and millions and when u get to 60 stop, and it looks like knowledgeable investors, the ones that have signed the NDA, not the true believers here who have not seen the goods btw, r saying no more with what counts, their wallets
Volume is anemic, posters are discouraged, this puppy is sick, going dark it seems, I'm going agree I better start looking for a new stock to comment on, all of the air seems to have gone from this one
And I've posted the same response before, a cheap lottery ticket that's worth possibly millions and you pass on it, thats just not credible, was and is my point, that's partly why I post here, things that r posted in support of LBSR doesn't make sense from an investment perspective, from the company itself and others, you just can't connect the dots in order to make a sound decision, somethings always missing
And is that geologist heavily invested in LBSR, since they have seen the goods, nothing like putting in a little and getting out a lot, I'm sure even the most conservative geologist couldn't resist
As I said nothing against private investors, and if my post seem that way it's unintended
As I said before nothing against private investors, and if my post seem that way it's unintended
And BTW I came here over 2 years ago reading all of the glowing potential of LBSR from posters, but what I discovered was NOTHING! not against investors who invested their hard earned money, but LBSR and decided to stick around and join in with a few others to help expose the truth, pretty close to going dark, so my stint here is almost done
info on Hay was presented at PDAC, JB didn't attend I believe, no takers then or now, and I believe for a good reason, the who's who of mining usually attends, to hawk the latest and greatest potential discoveries, potentially a 100 billion dollar mine at hay and no takers? huge red flag
That's the problem many longs and defenders of LBSR don't understand, there's nothing special about LBSR, mining stocks promising the moon are a dime a dozen
No, more of the same. It'll go dark before investors see light
I would disagree also, I think he is very good, just think of how many people he has convinced to buy into his dream, although it's turned into a nightmare, once it was a beautiful dream, put in a little a make a lot, sorta like a slot machine or a die game, unfortunately it's snake eyes staring at investors /gamblers
Even the the chatter on the company board has ceased, these fantasy stocks usually die with a wimper and not a bang as many true believers had hoped, that was also predicted, check the record on that also, no drilling, no JV, no angel investor, just a slow death
Got copper? No
Got uranium? No
Got REE'S ? No
Even have a story to tell? No
What left? Order an actual paper share and frame it and write lesson learned on it, because that's all its worth, however a very valuable one
I guess so, just keeping things alive here since it appears to be going dark or in the more politically correct term "the quiet period " looks like JB has ran out of ideas to prop up the share selling machine, no drills turning by now? well some of us told u so last year, check the record, it's March
That's good news, only if LBSR had some of those it would benefit shareholders, unfortunately the market isn't buying JB'S claim that he has the goods
Yep he's smoking something
The IRS classifies something u do for over 3 years that losses money as a hobby, and for many LBSR qualifies as a hobby
The trap is a mental one, averaging down is a investor/gamblers mistake, setting a loss limit and cutting ur losses is the only way, getting emotionally involved in a stock, which many have done here is a classic mistake, this is JB'S dream period. Accept a loss level u can live with and exit ur position, stock picking is a gamblers game and only 30% percent r right