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Every wise investor needs to consider an exit plan with parameters. Larry has verbally expressed his in the past, more about hanging tough as MVTG until it is reached and not his own personal dumping, which has not occurred.
MVTG as a company is an investor, too...
Gold and copper trending upward again today.
Good point. A wise investor does not put $ in OTC stocks short term, but with a long term outlook. Patience has worked here for me.
Gold and copper up pre-market.
How sweet of you! Since this is an opportunity, then the current status is no victory to celebrate, right?
One way comments on ignore. The volume traded vs O/S is nominal and means little. How easy to kick the tires but not be a mechanic.
Wrong in my book. JB and LBSR have made progress in opportunities and invest-ready-projects. Not bad for a small explorer with no leverage. Whining never helped my investments. LBSR has been much lower in the past.
There is a big difference between the end of the economic world and lack of vision selling in LBSR. Hay Mtn also would mine some precious metals and perhaps eventually REE's. Precious metals like gold are up which can offset base metals. With oil down, some drilling and operation mining costs are down, too.
All of us here know the market goes up and down. Lack of solid news has nervous nellies unloading, temporarily. LBSR has far more going for its future, which we often forget, than when some of us invested 6+ years ago.
What, me worry? I prefer to be and be with a builder instead of negative nannies. AIMHO
I am so happy for you... :)
Why do you care?
So what? The market has ups and downs. Is the sky permanently falling forever? (Nope)
Agreed!
COMEX Copper unchanged today per Bloomberg after hours. There are years of forward looking to consider. "World" is not held as reliable. Besides, copper is not the only metal recoverable at Hay Mountain.
Keep smiling... :)
Agreed... progress is happening. :)
Dollar strength is true for now, but world politics and the US debt level can and often does change that, in cycles it seems. We shall see.
My outlook is for some pps improvement on news and not wait 10+ years for mining to officially start.
Thanks...
If there are other sources for metals projections, why should I or anyone "take it up with them"? Just a few months ago, copper was expected to be in short supply. Economics can again cause a quick turn around in projections.
China bought ahead on copper supply prior to this year. They will again need more when that inventory is depleted. Like former President Harry S. Truman, who read 3-4 news papers a day because he did not trust anyone of them for accuracy, I too prefer a number of sources.
That is just one temporary viewpoint, and others are not so doomsday as you like to cherry pick your quote.
It depends on the long term economic output, and China/India are not shutting down any time soon.
That linear view quoted is too far out to be taken seriously.
That depends on where YOU are sitting... others are not as quite so doomsday. Even the article you failed to reference shows a 15% drop... and that is too far out to be trusted.
CRU's Copper Market Outlook, published Friday 31st October 2014, reports that although the threat of a heavy bout of oversupply has receded in the last 18 months, there is still a strong possibility that modest excess supply will emerge for a temporary period. CRU's Copper Manager Vanessa Davidson writes "We believe the market will move into oversupply next year, but the size of global market surplus and the corresponding price fall will be limited."
Comings and goings are not visible to us. Try your approach in Las Vegas.
Thank you for the reconfirmation... :)
Europe:
At one time recently, EcoMike and other(s) have reiterated that most EU countries brokers have bans upon purchasing U.S. OTC stocks. I that still true? If so, sad for them. MVTG/ERC should be getting good press over there progressively due to their commercial interests... AIMHO.
Thanks for all the good reminders so far!
All progress will follow the normal route of filings and PR as prior communications have indicated... in proper time. AIMHO
That is my DD understanding. Smart Management wisely tailors plans and goals to match available resources. 2014 certainly did not need $5 million to operate. I hope MVTG gets all the funding it needs, and am confident from past PR's... that is what they are trying to do.
SPS50 MBA CMA LIA RTRP S6/63 retired (thanks to MVTG)
Agreed. That is why some like me are still here this LONG..... !
Are you B.A. from the A-team?
Past 10-Q supports the full funding payment. Good for shareholders.
SPS50 CMA RTRP 6+ years...
Nice progress thoughts on MRFC.
Prospero ano to all... :)
Hmmmm... pps now -92% !!!
Happier 2015 :)
Thanks for the reminders!
News of progress often seems to follow the accomplishment by several weeks here due to a variety of factors. The U.S. + Great Britain did not tell the whole world via a PR of its daily plans for WW II, but progress was still happening behind the quiet curtain.
SPS50 6+ years :)
Agreed. Glad you are here !
Count me in as one of the wise guys. Best to all in 2015...
Blessings to you, Larry & Co. and all true longs at this time of year.
Thanks for sharing... :))
The lights are still on at LBSR with a future. I have had other stocks in precious metals with no such LOL. Luck not needed here. :)
Without primer paint, things would rust. I like it that the pps remains fresh and up. Better than .001 from years ago!
We have had progressive news all year and that works for me. LOP
Thanks... interesting insight. :)
WHENEVER it comes in the near future, THANK YOU Larry & Co. as well as true longs.
SPS50 6+ years... :)
Please show proof and list of true longs who recently have done that. Better look at negativism believed by short term loose hands.
Positive info is not long in coming. Why should we jump now just because some poster here says " BOOOO" ?
-180%, eh? Just wondering how you do that... just one sided.
The good answer is coming... I rest just fine with LBSR.
SPS50 6+ years...
Patience is no distortion, but an asset some just suffer from lack of. Reality is not at a point in time, but what one overcomes toward a goal.
Smiles... for LBSR.