Often irritated, never duplicated
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
YES!!!
Can't wait to find out why now is the time to tie a bow on Hay Mountain. Early Christmas presents anyone?
GO LBSR!
I meant the Dollar Index (of course)...
...but yes, a chuckle nonetheless.
The DIX won't be having the last laugh...
http://finance.yahoo.com/video/gold-bounces-back-whats-driving-182540266.html
Once again, 40% discount on the shares...
...additional $5K discount to the "investor", listed as WHC Capital LLC. Hope they're legit and not scumbag financiers.
Of course if this was great news we'd probably see it before 5:00 PM rather than after.
=-/
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=231919257
" URS Washington Division"
I worked for URS during the acquisition of the Washington Group. The resulting merger formed the world's largest multinational engineering firm, one that handles huge projects on seven continents. My work involved projects for the Commerce Commission and NHTSA. They are heavy hitters and likely employ attorneys capable of handling "humungous" projects.
We wait to discover the significance of Mr. Gross' addition to our board.
Go LBSR!
Nice to see that LBSR is working at 11:00 PM EST.
I like tonight's news and appreciate Da Boss getting info out there. 11:00 PM release says that someone burns the midnight oil to get stuff done. Papa likes...
All Liberty Star Projects Update: Land Payments, Field Work and Financing
posted on Oct 07, 14 11:00PM (Log in to use the IP Check tool) [?]
TUCSON, Ariz. -- October 7, 2014
Liberty Star Uranium & Metals Corp. (“Liberty Star”or the“Company”) (OTCQB:
LBSR) is pleased to update shareholders and interested parties on the
Company’s projects in Arizona and Alaska.
Property payments
Property payments on all Company federal lands have been paid for 2014-2015.
Other payments are up to date.
All Bureau of Land Management federal lode mining claim payments for
properties located in Arizona have been made before noon September 1,
1. 2014. This includes Cochise County (Tombstone Super Project), Pima County
(East Silver Bell Porphyry Copper Project), and Mohave and Coconino
Counties (North Pipes Super Project).
Alaska mineral claims comprising Liberty Star’s Big Chunk Super Project
have been accounted for with the State of Alaska Department of Natural
2. Resources Division of Mining. All Alaska State mining claim assessment
has been paid as of noon or before September 1, 2014. Rental fees have
not been paid and are not due until November 30, 2014.
Arizona State Mineral Exploration Permits (MEPs) have had all assessment
work declared on them and all rental fees paid in a timely fashion. These
3. declarations and payments are due one year from the date of award of the
MEPs. Because the MEPs were awarded on different dates, the assessment
and rental fees are due at different times.
Ongoing geologic, geophysical and GIS work at Hay Mountain
New outcrops have been discovered in the main porphyry copper alteration
zone target within the geochemical and geophysical zone that did not
appear on any current geologic maps. Additional geologic work is ongoing
to define the location and alteration of these outcrops which so far
consist of silicification and brecciated (broken) silicified limestone
with leached capping. Green copper oxide (chrysocolla) was identified in
1. a very small area, but this is the first visible copper mineralization we
have seen in the project surface area to date. All the copper and other
metal anomalies are from trace element geochemistry and do not outcrop
but are from depth where they are not visible and able to be detected
except geochemically. The alteration seen recently in newly identified
low outcrops is what would be expected on the edge of a skarn hosted
porphyry system.
2. Geographic information systems – computer maps (GIS) are continually
updated and refined.
We are using methods (ZTEM - EM & MAG - plus geochem - soil &
vegetation) that predict what we may encounter and at what depth.
East/West cross-sections of the magnetic and electromagnetic
geophysical data are plotted along the path of the ZTEM helicopter
survey lines. These survey lines are 200 m (660 feet) apart, within
a. the main target area, and the geophysical data has been collected
along them at very short intervals: about 9 feet for the magnetic
readings, resulting in many thousands of data points. This processed
data has been plotted with 2-D and 3-D inversions so that they more
closely resemble geologic features with which they are interacting.
These data have been plotted to scale along with drill holes along
with daughter holes down to 5000 feet.
All proposed drill holes (mother holes) have now been plotted and
these number 51 (+8 daughter holes for each mother hole which can be
selectively drilled if warranted). We have great latitude in where
the daughter holes may be kicked off from the mother hole giving us
b. the ability to preferentially intersect geophysical – geologic
targets once these are refined by initial drilling. This gives us
almost infinite ability to intersect any target both vertically and
sub-horizontally at low cost. The Company can save several millions
of dollars using this approach in comparison to drilling either
vertical or angle holes.
The geochemical data has been projected vertically down on the GIS
c. cross sections and also superimposed on the geophysical data so that
we may plan our drilling specifically related to both multi-element
geochemistry and geophysics.
The plotting of the drill grid on a 400 m (1,320 feet) square
pattern in the main target is now complete. We have also marked the
hole locations with labeled, 2” x 2” x 5’ long wood posts so that
the drillers can go easily from drill hole to drill hole as
directed. No roads will be used but instead paths for rubber tracked
equipment will be used, as previously explained in News Release 187
(8/12/2014). In our Exploration Plan of Operation submitted to the
Arizona State Land Department (ASLD), we proposed rubber track paths
using a course of least resistance so no mechanical bulldozing or
road building would be used. The ASLD has agreed to it, but has
d. required that the paths be surveyed by a Registered Professional
Archaeologist. Antigua Archaeology LLC, with whom we have worked for
years, has been contracted for this purpose, and they expect to be
done in a week to 2 weeks, pending unusual rainy weather. Our prime
target appears to be an area of low aboriginal activity
(pre-Columbian Indians) because, as Jim Moses head archaeologist
opined, the lands surrounding the target area were a less desirable
area for permanent habitation, farming or any other activity. His
initial conclusion is that the target area was not inhabited as
there were more attractive areas to live. Thus we believe few if any
artifacts will be located, as was the case in previously surveyed
proposed roads and geochemical lines in this area.
Liberty Star should have drilling permits for the Phase 1 drilling
e. project (the 1^st year) within approximately two months and to be
ready to drill as soon as funding is in place and equipment can be
mobilized to the site by our drill contractor.
Potential Funding
We are continuing to talk with and add to our list of potential funders for
The Hay Mountain Project.
A scheduled tour of the Hay Mountain area by qualified potential
1. investors for the last week of September has been rescheduled to mid/late
October due to the illness of one of the visitors.
2. We currently have in excess of 10 interested parties and we expect that
list to grow.
3. Numerous mutual Non-Disclosure Agreements are in process.
A Naru Capital sponsored road show to the Far East is expected in
4. November with stops in Hong Kong and perhaps Japan, and South Korea. (NR
188)
In collaboration with naseba/Naru Capital we expect to do additional
a. presentations via GoToMeeting® at other foreign locations.
GoToMeeting® video conferencing allows us to connect with up to 25
computers at a time almost any place in the world.
All meetings will continue to maintain the naseba/Naru protocol of
b. identifying motivated investors with capital resources that give
them the ability to fund phase 1 drilling and beyond in this large
multi-staged project.
5. Other presentations have been made outside of the naseba agreement via
GoToMeeting®.
6. We continue to work toward finalizing an agreement on the North Pipes
Uranium project.
7. We have positive indications from our East Silver Bell potential JV, and
we are working toward that agreement as well.
“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.
Forward-Looking Statements
Statements in this news release that are not historical are forward-looking
statements. Forward-looking statements in this news release include our plans
regarding Hay Mountain, our potential to save money through the planned
exploration techniques, potential funding of Liberty Star’s Hay Mountain
Project and that we may sign agreements soon on our North Pipes and East
Silver Bell projects.
Factors which may delay or prevent these forward-looking statements from being
realized include: our inability to agree with a potential investor on terms of
their participation in the Hay Mountain Project or any project; we may not be
able to raise sufficient funds to complete our intended exploration or carry
on operations; an inability to continue exploration due to weather, logistical
problems or hazards even if funds are available. We may not be able to reach
agreement with other parties to explore or develop any of our properties.
Despite encouraging data, there may be no commercial minerals in our projects.
Readers should refer to the risk disclosures in the Company’s recent 10-K and
the Company’s other periodic reports filed from time to time with the
Securities and Exchange Commission.
Contact:
Agoracom Investor Relations
lbsr@agoracom.com
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers, 520-425-1433
Investor Relations
info@LibertyStarUranium.com
Follow Liberty Star Uranium & Metals Corp. on Facebook, LinkedIn &
Twitter@LibertyStarLBSR
http://agoracom.com/ir/libertystar/forums/discussion/topics/624520-all-liberty-star-projects-update-land-payments-field-work-and-financing
"...nothing more than the repositioning of a decimal point."
Of course I understand this, but having seen other micro-caps RS, I can tell you I've yet to see one that didn't keep sliding as my holdings lost places to the left of the decimal until what was left was pathetic.
So I assure you I won't be one of the patient ones holding firm if an RS is announced. My experience is that it's never good news with small companies and it is often the worst of news.
Just sayin'. Go LBSR!
$150,000 loan doesn't bother me either...
...but the potential to go over a billion shares O/S getting there bothers me quite a bit. No matter how we sugar coat it, it makes the company look vulnerable to suitors, creditors, vultures and thieves.
I'm a believer in the geology, but as we careen toward the 1.25B A/S, the options get ugly. Multi-billion share count for a company with no revenues? Not pretty. Reverse split announcement to destroy shareholder confidence and send some true longs scurrying for the exits? Not pretty either. None of it is appealing and if we can't get $150K without offering the majority of the remaining allowable shares at a 45% discount, I am anticipating the potential for something that will make me regret the day I invested with Briscoe and Company.
So I hope the optimists here are right about a quick fix with little or no conversion, but I can't see one solid, tangible reason to think that is the case. Speculations, suggestions, possibilities and potentials galore, but nothing that I can take to the bank.
Prove me wrong, JB. In my humble opinion this news reeks of minimum options and maximum risk. I welcome opinions to the contrary.
Go LBSR!
I don't have L2
Seems like nobody wants to sell more than 25 shares at current offerings. Nobody flinch, news is pending...
Go LBSR!
Speaking of accumulation...
...somehow this kind of news doesn't seem to radically affect the price of gold...yet...
Go LBSR!
http://www.businessinsider.com/countries-with-largest-gold-reserves-2014-8
Understood...
...and I'm not counting on THE news coming THIS week. There may be a few rounds of smaller issues hitting the news feed before we get the news we hope for. I've been patient and averaged down for a while, but I suspect that given the company we keep, there is likely a watershed announcement on the horizon. If the partner is offshore and tight lipped, it may take a while to determine how good the arrangement really is and how deep the pockets behind it are, but I have faith something worthwhile will materialize in a reasonable time frame.
Meanwhile I have a commission deal in the works that might alow me to buy a trading position before the fuse is lit.
Best regards, Go LBSR!
I'm more than ready!
Show me the money!
Go LBSR!
Actually...
I kind of hope he IS holding his breath.
:)
Go LBSR!
I guess your time frame is 10 minutes.
Must suck to have a glass that's always half empty.
Go LBSR!
Nice, Ilhabela, thanks for sharing!
Time for the dirty dozen to wave some money and see who get's to take Briscoe to the dance. Can't wait to see some assay reports from the in-betwixt of the Bisbee/Tombstone geological features.
Go LBSR!
"...why shop around?"
Maybe there are indeed offers, enough so that spending a little time and money contacting other potential suitors looks affordable in light of what is now considered a fall-back offer?
You have thoughts?
Who knew? Go LBSR!
Precisely right, Leif...
...and what better way to make the known parties aware that we will be adding more interested parties who may have deeper pockets and shorter time frames? Continuing to press forward as though nothing is certain is the perfect way to convey that the folks who packaged this proposal are go-getters, broad thinkers, and dedicated to their pursuit.
When I am seeking work and scheduling interviews, I don't mind discreetly letting people know that I have other interviews scheduled. Why let them assume you'll still be waiting around in 30 days if they don't make the right decision in the right time? Make it clear that they could miss the boat by being unwilling to move decisively and commit.
The day of reckoning harkens. Know what you own. Go LBSR!
You got that right...
...Go LBSR!
Excellent plan- I hope you're right...
...as such a plan would be ideal for doing the phase 1 drilling and give Briscoe much greater leverage in determining the percentage we keep in phase 2. It could happen.
Go LBSR!
Remember that the REE's and gold/copper don't overlay on the map...
...and this fact leads me to believe that the strategic potential for Hay Mountain may be tailor-made for parceling various interests out to multiple suitors.
And I concur about preferring a mining multinational over investment groups who may or may not be involved with off shore banks that short stocks for them. The fiasco with the vultures at Alpha/Platinum is still a sore subject for me. Entities that are in the business of monetizing mineral claims are my first choice of suitors.
May our long journey be approaching the gates of the promised land, and may those gates be wide open. Go LBSR!
Hard to imagine that's a mistake...
...and besides, I like the idea of another couple figures to the left of the decimal when the number gets multiplied by the higher share price that will come with news. Glad that one doesn't work for the transfer agent. Clueless, table for one!
Go LBSR!
Still, nice volume on a green day.
Go LBSR!
You misspelled "tainting"...
"Photos of Briscoe meeting with these people should be posted"
I don't know about you, but if I had $100M to invest, I'd be a much more private person than the average joe. Having a boatload of money is basically a bullseye on your back, an invitation for any dirtbag to try beating a pin number out of you or kidnapping you for ransom. As such, perhaps these folks aren't too thrilled about having their pictures posted willy-nilly. The last thing we want to do is offend them or appear careless with their trust and welfare.
And given that Naseba also announced the news, I have little doubt that JB met with them as reported. Whether the meeting produces a deal is yet to be seen.
Go LBSR!
You mean like the Spanish Inquisition?
Because Nobody expects that.
Go LBSR!
EOD coming- Let's see if the gains hold up...
...I'd love to see a scramble to get in as the short week rolls on. What will JB announce, and when? Oil-rich nations diversifying to avoid a repeat of their post-embargo crash economy is a big trend, and DOW 16K+ says metals and minerals must eventually rise.
Go LBSR!
There's a real story here...
...if you heard about LBSR via the newsletter today, please note that there are events much more current and relevant going on, primarily our CEO traveling to Dubai, Saudi Arabia, Turkey and Oman to secure joint venture funding via Naseba, an investor's consortium requiring confirmed capital assets of $100-million just to attend. http://www.naseba.com/
The world-class geologists at LBSR have completed geophysical work confirming a very large copper/gold porphyry near the historic Bisbee and Tombstone districts in SE AZ, where the company has already begun the permitting process in anticipation of drilling the claims. The SRK report, ZTEM, geochemical and all geophysical are being presented to elite investors from some of the world's wealthiest nations.
The claims also host a REE anomaly that is non-contigous to the gold and copper targets and can therefore be parceled separately in additional joint ventures. The company has engaged VogelHood (http://vogelhood.com/about/), advisors and analysts to governments and fund managers, "to engage government funding to explore the REEs' development possibilities at Hay Mountain".
And the company also holds a solid back bench of future super projects like North Pipes uranium claims and the claims near Iliamna, Alaska which host geophysical and geomagnetic data similar but larger than the nearby Pebble claims, currently thought to be the worlds largest known gold/copper porphyry. The LBSR Alaska claims are farther from the Bristol Bay salmon runs and also feature fewer anadramous streams, reducing potential environmental impact.
http://www.libertystaruranium.com/projects/big-chunk-super-project/
http://www.libertystaruranium.com/projects/north-pipes-super-project/
http://www.libertystaruranium.com/projects/tombstone-porphyry-precious-metals-project/
http://www.libertystaruranium.com/projects/east-silver-bell-porphyry-copper-project/
Understood...
...the jackals at Tradeking absorbed my Zecco account and put the kibosh on buying sub-penny, so I can't grab any SIRG for the next run if it occurs. Originally they said they'd grandfather Zecco customers contracts,but you know how that works.
This thing is toast...
...Might as well sell it as a shell while it's still registered. I own a decent amount of freebies I kept after selling the rest at a nice profit. Martin will loot what he can from the remains, and I expect my remaining shares will shrink to nothing. Too bad, it was a good story with potential at one point. Current O/S makes it obvious toxic garbage to new buyers. Good luck.
John Bollinger sees a move ahead for juniors.
http://finance.yahoo.com/video/bollinger-heres-why-gold-going-225038336.html
Thank you!
Thanks also to Leif and Maniek for correcting my goof. I stand by the rest of my humble opinions. Time for a deal and a drill.
And also:
I find myself thinking about how the REE's and the Gold/Copper on the new map can be parceled separately, ideally with the Au/Cu going to the offshore interests.
I'm not at all certain that the Powers That Be won't squabble a bit about another nation gobbling up a huge strategic reserve of domestic REE's. It's convenient that they don't seem to overlap with the center mineralization, as I think this may allow some flexibility in structuring a deal on the claims. Of course the drilling may reveal a different scenario, but for now it looks like a positive. Otherwise it might complicate things a bit between BLM, State Dept, etc, so maybe the pentagon should ramrod congress to put through an appropriations bill and immediately acquire the claim (I want Briscoe to negotiate with the guy who acquires the $900 hammers).
And maybe having an MP presence next door would keep the locals quiet about "turban sprawl" in their nice rural AZ township.
Been traveling recently, saw some places that would make a great new home for me if my LBSR shares were to raise my tax bracket in the future. Got far enough off the beaten path to lose phone/net service for extended periods, when I had to wonder if today was the day we'd see the long rise toward proper valuation beginning. Glad my itinerary brought me back in time for the fireworks. I don't post much here, but I read often. Thanks to those who dig and share here; I hope it pays off big for you soon!
Go LBSR
A dozen meetings, maybe more, platinum-credentialed clients...
...All clients required to have $100M of available venture capital to get in the door. The geography and Naseba info suggests we might even meet a few folks who advise or acquire for the mighty sovereign wealth funds of OPEC. Good company if you're trying to sell a few hundred billion worth of in-situ minerals.
Folks who advise Senators and hedge fund managers are being "engaged". I'm imagining an 'engaging' handshake between Briscoe and some heavy hitters, the kind of folks who get past the door at Naseba. Vogel is exactly that kind of guy, and also apparently the kind of guy who can smell a big deal coming.
And isn't Dubai the richest per-capita nation in the world? They might have to bid against their Saudi neighbors, and I wouldn't be surprised if Naseba members from other nations might be sitting in, given that Dubai has a constant flow of international financiers.
It's not hard to see where things are going. The who/where/how much are TBA, IMO.
Go LBSR!
Volume still coming in as we close the session...
...Might be a great week in Tucson.
Go LBSR
Please don't take this the wrong way, but...
...My stick shakes just thinking about what happens if LBSR can get a run based on realsitic valuations of a monster find at Hay Mountain.
Go LBSR!
Brilliant indeed...
...and to see that this whole thing has been on track since the last Naseba conference, that it's the produce-in-seven-years program mentioned previously, it all looks like things are further along than any of us might have guessed. Shades of 2010.
I bet some of the clever researchers here are scanning daily for the first hint of permit applications being filed. Wait for it...