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"When you divide infinity by a number, the result you
get is still infinity."
What a curious thing to say. Yang2, can you please provide a clearer analysis, per the dilution issue? I haven't had my caffeine yet, I must be missing something crucial here.
I will propose a simple example so my math-phobic self can grasp your interesting intereptation better.
Example:
Retail Investor buys 50,000 LBSR shares @0.05.
LBSR receives financing from a major mining entity --> $50,000,000 for drilling out claims etc.
LBSR r/s is conducted @ 1:40
Per your infinity calculus referenced above, please explain how your calculus is beneficial to the retail investor after the r/s is accounted for.
[CAVEAT: I reserve the right to ask stupid questions before acceptable amounts of caffeine is ingested, in order to initiate and sustain proper levels of higher levels of cognitive brain performance. I can in no way, be held liable for any grammatical errors, or unforseen illogical annecdotal oral contrivances, from which ego damage that may occur, to myself or participating on lookers. Your agreement to these facts herein; is consummated by your tepid response to my ongoing or infrequent LBSR communications. This agreement may not be modified in any way, and cannot be undone, unless by a writ of god herself, and will remain in legal effect between us; into infinity, and beyond.
Guide yourself accordingly,
TIA
O.k, I guess I was wrong. I thought there was a logical purpose to your question. My mistake.
GLTU
That is a question you must ask J.B yourself. My opinion has been made known. That is all.
For the life of me, I don't understand how my answer to your question would make any difference.
He is a geologist, we need a proper experienced CEO, to run this company into the next level....Properly.
Whether anyone on this board spoke to Mr. Briscoe or not is irrelevant.
GLTU
Agreed. Give to Ceasar what is Ceasar's.
We may well revisit this post on a near future moment, and ponder upon the miracle.
It is inconceivable that with any susbtantive financing inked agreement, that Briscoe will remain "in charge" of this company.
King, there are always 3 sides to any story:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54835112
AND:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54586132
King, as a matter of prudence, we must acknowledge the same LAW in which you reference, to have a criteria/requirEment/hurdle/bar needing to be satisfied in lieu of pursuit of legal remedy.
As yo uwell know, in order to sue, plaintiff must first have "standing". Therein lies th efirst hurdle where propsed suits, are allowed to be dismissed or proceeded.
Acknowledgement of this fact, certain proponderences of "evidence of fact" weigh mightily on the presiding judge to make such a decision.
The fact the suit was allowed to proceed, We must first observe with simple fact, the plaintifs were sucessfull in fulfillment of the well established legal requirements, in order to be allowed to proceed with litigation.
Any judge must use a strict set of guidelines, not so much relying on hunches or imaginitive speculations, but rather evidential data.
So must we not further allow logically; for this so called "an established pattern in HOUSE of issuing SHARES IN LIEU OF CASH FOR WAGES" to be an indefensible argument, and moot. They were allowed to proceed,logically predicated on other mitigating issues.
What am I missing?
p.s excuse typos..multi tasking currently
TIA
Thank you for your clarifications. It appears we are in agreeance:
"Again all has risk to an extent"
Agreed,All risk is owned, realized and posited....a wholly owned subsidiary of your financial accounting.
"I am gambling cash that wasn't mine to begine with so if I lose it meh lol that was your cash or who ever sold maybe otr ;) my initial gambling capital is safely out."
If I may.
Interesting concept you muse. Can we apply a simple empirical logic quotient to this idea?, i'm interested in what we may uncover together.
Firstly, can we suppose the initial LBSR capital deployed is actual risk capital?... for example $100.00
A secondary risk capital deployment with a mixture reflective of realized protible flippinG strategies, cuulmanating into an additonal capital realized of deployed totalling $200.00
A third deployment of $200 at an even more capitally effecient price/profit levels...in whatever prudent ratio from positive profitbality of flipping activities, all the while in enjoyment of a steady continuance of postive appreciations of capital, totalling $200.00.
So,into the cauldron of LBSR investment a totality of $1,000, reflective of the out of pocket intial risk capital, and positive results of flipping activities.
MR. LBSR investor claims, he has only risked out of pocket $500.00 in total, and has sold his position to "recoup" said cost.
He has now decided to let the remainig $500 ride, since it's free gambling money.
However, the curious thing to me, is to now explain logically, this curious concept of "risk capital", verses "free capital".
Isn't it more logical to accept that he has risked 500, taken profits, but is still risking 500 as a continuance of his own risk capital? if the so called free capital dissipates, then not only has he realized no real profit, he has also actuallized a real loss, accounting for the hidden cost "opportunity costs?
The idea of free capital appears to be an oxymoron, since a gain was realized, such gain is now owned by the person who realized it, and automatically becomes their new risk total capital to gamble with? It is not somone else money per se, it's really now yours.
For simplicity's sake, isn't all capital realized, whether intitally deployed, or continually recovered... all become your risk capital continually realized?
I sense this could be a case of Polyphemus blinded, to not logically conclude the wayward concept of separation of capital deployed/risked as not one in the same?
My granny used to give me a few dollars for my birth day, I always considered that truly, free capital.
I look forward to your most excellent clarifications on this concept your are alluding to.
GO LBSR
TIA
See section 10:
"Stereoscopic geologic color air photo interpretation (photo-geology): Stereoscopic geologic interpretation of 1:24,000 (1 inch = 2,000 feet) high resolution color air photographs was contracted and completed by Edward Ulmer, a Registered Professional Geologist who worked on the Arizona Strip in the mid to late 1970s.
Geologic field mapping on the surface: Geological field mapping was conducted in 2007 and 2008 by our staff geologists as well as contracted geologists. Approximately 180 of the breccias pipe target areas have been mapped in detail 1:5,000 (1 inch = 417 feet). Several detailed measured stratigraphic sections have also been completed.
Geochemical sampling: A comprehensive soil geochemical survey was completed in 2007. We have collected approximately 14,000 soil samples and a strict chain of custody procedures were followed and quality assurance/quality control (QA/QC) samples were inserted regularly into the sample stream. The samples were assayed for 63 elements. Assay analyses were conducted by a Certified Assay Lab, Acme Analytical Laboratories of Vancouver, British Columbia, Canada.Drilling: In 2007 a drilling program was undertaken using both rotary drilling and core drilling. Rotary drilling was contracted by Boyart Longyear. Diamond core drilling was completed by Redwall Drilling Inc., a former wholly owned subsidiary of Liberty Star. A total of 22 holes were drilled for a total of 16,226 feet of drilling. We did not intersect any ore mineralization during the drilling program."
http://www.hotstocked.com/10-k/liberty-star-uranium-metals-corp-LBSR-460962.html
I can't figure out what this post is about.
Help?
TIA
Legal cover
This is ridiculous. I have simply had enough...
How does Mr. Briscoe assume I will be able to handle all of these forthcoming collosal profits is beyond me :(
Somebody please stop this madman, he will make me too rich I fear!
"Because of the law of supply and demand this action by the Obama administration may make our claims more valuable than they were before because our claims will be some of the only land in the area that can be explored and be brought into production if discoveries of ore are made.”
OTR HELP!
TIA
It's not im my PM inbox.
But I can be reached at:
sraffa85@yahoo.com
Thanks!
BTW, my uncle was recently intrigued by the prospect of brazil as a possible retirement escape in his near future.
I know you recently posted some valuable information about your explorative findings of various areas in that region, and a short list of possibilites.
Can you provide that information in PM to me at your leisure? It would be greatly appreciated. :)
TIA
Not sure if this has already been posted.
CHUCK VOLLMER--->FWIW
http://m.cbn.com/media/player/vod/PST136_ChuckVollmer_073009_WS
Can you explain this concept with more detail? I hear this alot about LBSR, i'm intrigued.
TIA
What a mess this filing is. I'm amazed at the amount of tomfoolery that went on behind the scenes.
Now i'm not sure how the slogan "mike has my trust, he has earned it" holds water anymore.
Please someone wake me, if LLEG ever gets off the grays, so I can sell this junk stock mightily into oblivion.
Agreed. That's why i'm on board for a decent R/S in the interim, I know most longs believe that should be a ways down the road.
This play is really for serious people. Too much money at stake to be flipping for pennies IMO.
Wheels up in 20 mins, be back later in the afternoon.
GLTA
Thanks. I'll always be reading, even if I don't post. The entertainment value just can't be beat imo.
GLTU
:)
Agreed. Scared money, don't make money.
FWIW, I followed your suggestion last week regarding forwarding on the presentation.
13 of my well-heeled associates ,3 of which are showing major initial interest in this project.
There may come a time, where I may shortly disengage from posting on this LBSR board for legal reasons. I may very well join in on the accredited group of investors side of things, if this pans out.
In any event, CHEERS to all, for a hopeful and profitable new year, and beyond.
J.B Show us the money.
GLTA
"INDIA would do us much better and far more in a FAIRLY treated manner"
There are trillions of dollars sitting on the sidelines in the U.S economy, why can't J.B get seem to get any?
Granted, I could care less where the drilling money eventually comes from, so long as it comes.
It's now 2012, I hope we don't sit hear twiddling our virtual thumbs, parsing every useless article, while another year slips by waiting to hear something.
Enough talk, J.B----> Where's the money?
ALL IMO
GLTU
FUELED UP, FLIGHT TIME. I'm out of here for the day.
Maybe when I land I'll read about financing news.
J.B/VOLLMER SHOW US THE MONEY!
GLTA
There is simply no doubt about that.
I'll take mine in in leaps and bounds. :)
GLTA
Now you understand me better.
J.B Where's the cash?? let's get it >---> epic profits!
GLTU
IMO, it's mostly just S4S buying back into his position, given his bullish view on the VOLLMER article. He can move the markets with is trades from what I gather. One of the few.
GLTU
I have more shares than I know what to do with.
Childish?...hmmm..I think it's a rash assumption to take a side without due dilligence. If picking a side is your thing.
You may or may not be amazed at the sort of excessively abusive private messages I receive here daily, from seemingly "above board" posters who disagree with me.
I have no ego to protect, so it's all entertainment to me. :)
Alas, I digress. None of this matters, i'm here for the cash, not to make friends and influence people.
My brokerage accounts are looking exceptional today. :0
Now...j.b show us the money. enough talk.
Good point.
However, have you considered as I have, the meaning of the concept "accredited investor(s)? NO need to mention it publicly for it to be a significant event.
Have you also considered that since that release, accredited investors were recently given information about our claims, that we are not privvy to? "trillions" in the ground.
Lastly, have you also considered the previous NR'S we received some tinme ago about those fancy trips overseas UAE, CHINA etc...I would assume those were indicative of accredited investors/investments;likely receiving inside information regarding trillions.
Now here we sit..after all those many months, and especially since the so called public mention since may,2011..yet nada.
Pleas reread this post again, so as to make sure to answer the logic sequence of the startling question herein,
Where is the money?
C'est un forum de discussion. Ne vous laissez pas moi tirer le meilleur parti de toi.
Mon père dirait toujours « le moi et la langue, la chose que les hommes se déclenchent au-dessus du plus.
Genoeg bespreking. Het is een nieuw jaar, waar is het geld?
Great points. How do we know he is not angling LBSR for his own agenda..poilitcal or otherwise.
Lots of talking going on...talk is cheap. no?
This outdated useless article doesn't cut it for me.
what happen to SAGE deadline by the way??
J.B Get your stuff together, it's a new year...you are off to a useless start already IMO!
WHERE IS THE MONEY?
SRK, ZTEM pro's already agreed. Vollmer agrees, apparently so has some other accredited investors agree.
WHERE IS THE MONEY?
IT'S 2012. Enough talk imo
Belgie, I know you can think this through. DOn't let me down.
LOGIC: Just because it wasn't specifically stated in that article as LBSR, DOESN'T MEAN that they were not already hot an heavy with the arabs and chineese. Read it again. "signficant interest"
AT LEAST SINCE MAY, As of yet still no funding.
simple. NO?
HAVE FAITH IN YOU BELGIE.
TIA
Belgian, you are one of the few posters here I have found to be most excellent in terms of quality of posts.
Please don't accuse me of twisting anything.....
[b]pay careful attention to this link....I know you are smart enough to see your error.
http://emerald-planet.org/0522112.aspx
Not sure what all the hoopla about this vollmer non profit venture is about.
This was released back in May, 2011..still no financing deal as of yet. OLD NEWS.
Do you realize just because we suposedley have significant interest in this LBSR project from overseas, no real timeline/milestone was given to complete the "fledgling project".
We could essentially be here again a year from now..waiting on financing news.
Yes I have considered all of the "ultra positive speculations "putting LBSR on the map" 60 day NAK timleline...blah blah blah...I won't list them all...as surely they will be bandied around the board like a decaying corpse for the forseable future.
Unless we get concrete news soon, this buzz may only attract day traders.
The next time management speaks..it better be about ACTUAL financing news.
Enough talk and speculation, it's a new year...time is money.
TICK TOCK
What is the point of this post? I fail to see your logic.
TIA
next stop ---> 0.0001??
Maybe the problem is the management, and not the claims?