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Any metal in the impure anode which is below copper in the electrochemical series (reactivity series) doesn't go into solution as ions. It stays as a metal and falls to the bottom of the cell as an "anode sludge" together with any unreactive material left over from the ore. The anode sludge will contain valuable metals such as silver and gold.
http://www.chemguide.co.uk/inorganic/extraction/copper.html
Read: What happens to the impurities?
This is what I do. The potential with LBSR is great and I noticed that. I'm going for long and not looking for little day-to-day PPS. Have you been looking at some of the fine arts? They look awesome as a whole but the details to create that whole piece of art look like a 5 year old having fun with the brushes and paints. Anyway, I set my sell to $1 and just leave it there until Christmas - it's going to be a surprise gift for myself. Knowing it's against SEC reg. to file false claims so I'm sure LBSR wouldn't dare to pull such stunt. Even if LBSR did, I don't think NAK or HD or FMM would join in. Out of those 6-7 expected mines, all I need is one to actually produce something positive. I don't need this money to live so I can leave it in there for as long as I see fit. If you are investing the money you cannot live without on penny stocks ... God bless you and I will pray for you, too.
Have a little patience, people. The 10K and lawsuit settlement have not sunk in, yet. Just wait a few more days. I mean not many people following LBSR as closely as we are. May be we're expecting others to be like us but there are hundred of other exciting stocks out there, too. As of myself, I'm glad the lawsuit is settled and not hanging over us for years to come. I don't know about you guys, but I'm holding this for at least another year or until LBSR is bought out by NAK or other company in the same caliber. My fellow longs... we made it through the dark days.:) Now buckle up enjoy the ride.
Totally not related to LBSR but it's nice to read.
http://www.reuters.com/article/idUSSGE64K0KH20100521
Heck tradersrule, this stock worth .002 on no news but you just forgot something here. IMO, we're going to have two news coming soon. First one would be Alpha Capital walked out of the court house with bruised eyes because the judge threw the book at them too fast and too hard. Second would be the JV with NAK. At this stage of the game chart can only tell you what might happen in the next 10 minutes. That 10 minutes or a day chart does not do us longs any good. Let me ask everyone here a couple of questions. Even if we lost the lawsuit, do you think that would ruin LBSR? Do you think NAK will give up their $4 mil. without a fight? Let put yourself in their shoes for a second here. You're sitting on top of one of the largest world copper, gold, and uranium mines. Are you just going to give up because of this non-sense lawsuit? Let just say if in the worst case scenario NAK give up on the JV. Something tell me that the other company will not stand by without offering some kind of buy out for those mines. What do you guys think? Heck, I'm so new to the stock market that I haven't tasted a 2 baggers yet. I'm excited to experience the 4-5 baggers and that's in the worst case scenario. GLTA. Thanks all the mods here... you guys are great and very professional.
First of all, I do own some LBSR shares for awhile now and I want you to understand that. Let me futher elaborate the "I don't care if they win or lose the lawsuit" part. Supposedly if the JV news comes out as good as we expected then it doesn't matter if LBSR win or lose that lawsuit. If we won - which I believe we will - then the profit will be very significant. If we lost, oh well, that's still a 4 or 5 baggers for me. Just because we're expecting a 10 baggers doesn't mean the 5 baggers is not good enough, am I right or am I right?:))
Ohhh.... thanks, Stealth.:) To answer your question, I think I'll get that house in TX, live an easy life, learn more about stock trading and back to school to get that piece of paper stating I've made a fine effort seating through all those boring classes ... kakkakaka.
I don't understand the association between the low volume and some of the messages here. When it's on high volume, people here say others showing interest. When it's on low volume, people say "locked and loaded" like it's a good thing. Huh? I understand the first point, but can't comprehend the second. So, it's good no matter volume is high or low? BTW, I don't care if LBSR win or lose in this lawsuit. If they won, we'll see dollars. If they lost, we'll see .50 after the JV. Do you think NAK would paid out approximately $4mil. for nothing? NAK is rich but I don't think they're in the business of charity.
I don't understand the association between the low volume and some of the messages here. When it's on high volume, people here say others showing interest. When it's on low volume, people say "locked and loaded" like it's a good thing. Huh? I understand the first point, but can't comprehend the second. So, it's good no matter volume is high or low? BTW, I don't care if LBSR win or lose in this lawsuit. If they won, we'll see dollars. If they lost, we'll see .50 after the JV. Do you think NAK would paid out approximately $4mil. for nothing? NAK is rich but I don't think they're in the business of charity.
Shoot... count me in if you guys are planning for a party in Vegas but make it sometimes in Jan. next year because I'm kinda stuck in Iraq at the moment.
Riseeeee.... Riseeee my little monster... Ummhhhaaaaaaa!!!
Hahahhaha... which one of them you love the most? kakaka...:) I'm in a great mood now. Got out of the shower and saw an additional 15% jump. Hallelujah..:)
How many people have a feeling that those scumbags will find a way to delay the negotiation to drive the price down some more? Who can stop them?
Has anyone find out what was the reason behind that after hour trade which brought the PPS up 19+%? He slept through the whole trading day and decided to jump in no matter the price? Does that sound like someone who has a bit of common sense left would do or he knows something that we don't?
I've got to admit that I was a little shaky after reading that article, but then I thought, who would work for free? If there are sites that get pay to promote stocks then there must be sites get pay to bash stocks, too. In their busy world, who would scan through thousand of stocks and pick three out of those thousand then DD those stocks and present the result to us - common stock traders - for... FREE? I just can't comprehend the purpose of the person who wrote that article. Is the writer has our best interest at heart and just want to inform us of the truth for FREE? That kind of people still exist? I'm not a professional stock trader but I do have common sense. Tell me if my common sense is useless in the stock trading world. Thanks.
Alright, we THINK that the b.s. lawsuit will be tossed or resolved but let's talk about what if they won the suit then what will happen to us and LBSR? I am sure everyone of us has witnessed or heard of at least one unjusted justice in our justice system. IMO, there is no logic behind our justice system because if there was we would have seen a lot of these MM in jail already, right? So please help me to undertand what will happen to our shares and especially PPS IF they won the lawsuit. Thank you all and GLTA.
Is it just me seeing this or I don't know any better? First was that b.s lawsuit and then the SEC form 10 Q/A yesterday. Well, we all know the intention of B.S lawsuit and what it had done to the PPS but we recovered extremely fast. I thought the SEC 10 form Q/A released yesterday was a bad news until one of the board members explained to me in plain and simple English of what it meant. I thought it is a semi-good news even though that was not the news we've been waiting for. Anyway, IMO Liberty Star is paving the way so when the news we've been waiting for comes out there will be no obstacle for the PPS to reach its true value and I believe it could be in the .70 range for short term. I don't know about you guys, but I'd rather take the bad news before the good news. That's not just in stock but everything in life. Just a little thought I want to share, that's all. Like many other more experience members on this board I believe we're trading side-way due to lack of news and traders have gotten bored. I still remember how difficult it was for me to fill my shares yesterday so I am keeping it at least until December. Good luck to all.
Thank you very much..:) Why don't you open your own company? I like your style more.:) Simple and straight to the point.:) All those nice words and a typo from the report basically just to say shares cancelled:) Thanks.
What's your take on the SEC form 10 Q/A quarterly report came out yesterday people? Eager for news but this is not one of them. What is my take on this? ZIP.... Can someone explain in plain English? Thanks.
Well... is something good or something bad going to happen? My experience is take yours divided by 26. So, what do you think? I was able to fill my order on targeted amount and I think I won't sell again until $1 or until December whichever comes first. Thanks.
@.14+ I'll be really pissed off if I can't fill the order by the time PPS reached .14
I don't like kicking myself and I am not crazy either but I sold ALL 300,000+ shares yesterday. I guess I had the biggest brain-fart ever yesterday. Still trying to fill my order. I'm gonna go and kick myself in the a$$ now if that's possible.
Lord !!! you know I love you more than money. Please let me fill up my shares so I can make a lot more money so I can love you more. Amen. ;-D Have you ever seen a grown man crying like a 2 year old spoiled kid? I hate you all... the longs. Share your wealth and throw a brother some bones please please and pretty please.
Arrrrr... I have to vent. Sold all 300,000 + shares yesterday thinking I can get back in today. I've been chasing for more since the open and still can't fill it ... arrrrr... Son of a BBBBBBBBBBBBBBBBBB... this is frustrating....
I thought one cannot short penny stocks in the U.S. market. My source for this statement is rather a weak one, but read on: http://en.wikipedia.org/wiki/Naked_short_selling#Naked_shorts_in_the_United_States
If you have any other source says otherwise then please send me the link. Thank you.
I thought setting my sell to a higher price would prevent shorties from shorting my shares, but obviously not the case. I set mine to $1. Anyway, someone here said something about put shares on paper would prevent shorties shorting the shares. Can someone please show me how to do it? Thanks.
I'm sure the scumbag lawyers from Alpha Capital and the company understand more about the law then most of us in here. I'm sure they already knew this ridiculous lawsuit will get thrown out, but the important question is "WHY did they proceed with the suit anyway?" What's playing behind the scene? I cannot help but placing a few hyperthetical scenarios in mind:
1. All the findings from these mines were a big hoax and lawsuit is a way to get out of this hoax clean with a lot of investors' money end up in their pockets. I mean it might sound ridiculous but who knew or even imagine what Maddox did to his investors before everything said and done?
2. All findings from these mines and the JV are true - God, I hope so - and these scumbags saw the potential so they decided to stall the PPS from appreciating so they can jump in. Like Mr. B. said the goal of their lawsuit does not make any sense. So, why then they did it?
I hope the first scenerio is not the case. If the second scenerio is the case then I wouldn't even sweat or loose sleep over it. I just wish I had more money to buy in. I don't know much about lawsuit or law, so if anyone care to explain this case in plain English would be greatly appreciated. Thanks
Okay, I was kind of nervous about this lawsuit so I took all the material I found regarding to the lawsuit to my uncle - a business lawyer. Here is what he said and I quote him word for word "I guess this guy (Alpha Cap) has a lot of money to burn and they don't know where to burn them. The judge's gonna make them look really stupid." I asked for an explanation but he told me to go to law school then I'll understand... huh?? D4mn lawyer !!! I didn't said that to him of course.
I bought 200,000+ shares at $.065 and sold it at .085. Still kicking myself in the a$$ after I took a good look at the chart and realized what a DUMBA$$ I was. Anyway, I just bought another 200,000+ shares today and I am holding on to this sweetheart until at least @ $.20.:) Just set sell @ $1 so no shorties can touch my shares.
Hello fellas! this is gonna be the first stock I'll hold for more than a day. Usually, I'm a day-trader and I know you guys must screamed "no loyalty" but... I secured my profit. Anyway, I am looking at the chart and with these good speculations going around and one good PR in near future will take this up to at least $.17. Now, this is the first stock I am holding for more than a day so I already set the sell to $1. I just hate people borrowing my shares at my own cost. Should you do the same? Oh... this is my first time posting on investorshub.com. I found this board to be somewhat professional compare to those yahoos at yahoo.:) GLTA. Well... you won't need it.:)