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You forgot Yawnium.
The question will be, Can this be exploited without contaminating the south china sea?
Ucore will be sampling a dirt pile.
No diamond core drilling required.
The break even point on the latest lights on funding dump is .00096
will U quit with the R/S crap?
It is only used for management to sell shares to the uneducated.
And then for only a few short months, before management goes into hiding.
He had no choice and no money. He couldn't pay the driller.
I bet less than a hundred feet of half core was flown out of Alaska.
little helecpters can't cary much weight and core is heavy.
MO
Alaskans get state oil subsidy and western New Yorkers get unemployment.
Great idea. Let Alaska decide on drilling for oil and New York decide on fracking.
The Republican Party’s 2016 platform proposes getting rid of the Environmental Protection Agency - returning athority to the states.
Hog Tie EPA
R/S is suckers bait.
R/S does nothing for a company, it is only used by inside vultures that want another bite at the company carcass.
I would like to here of a successful company that has used R/S in the past.
Hundred and fifty- sixty years ago a prospector would have done wonders with a pick and shovel on his 'gossen'.
R/s in penny land is a scam produced for manager side deals.
90% or more of PPS revert to where they were before the split.
Voting for more dilution is an idiots game.
I said at the time - force JB to show the goods.
Now that he got another 6 billion shares to print, he is in no hurry.
Rules on cores say you must leave sample core on site in a secured facility to retain any credibility with investors. You can split core and take half to assay.
LBSR probably took a few hundred feet of split core right away and put them in their venerated warehouse. They had no money to start the assay process.
They left the remaining core unsecured and thereby made it worthless.
Gitreal, what we heard at the time was that everything was airlifted in and what came out was airlifted out as well. Everything was purchased new at boosted prices. We watched as they built plywood shit houses or fish houses, call them as u see them.
took an extra week or two, wondered at the time why they couldn't buy existing fish houses? Natives would provide at 75% of new.
You know the rules on cores, of course.
will post and continue in next.
So in your opinion, Pete and Brett r just hangers on?
They are not on the payroll, r they?
Hi Greg, I asked in a private email if some of the core was in the warehouse just after getting slapped in the face for suggesting that millions of shares were being wasted on a $2000 a month warehouse for rocks and weeds. I'm sure you noticed the tone of the public reply.
I also remember JB explaining the extensive method required to preserve the integrity of the core in a diamond drilling situation.
This was prior to the Alaska drilling.
Half of the core must remain on site and be locked in storage.
I doubt that more than a few hundred lbs were flown out of Big Chunk.
No ZTEM. No SRK. No weed,dirt,rock study ( which was done on a grid afew years ago. The grid was quite extensive. Was it 165 FT – 10 Rds? Also, did the U of AZ help in that collection?)
5 -6 yrs ago JB was occupied with Alaska.
Any one of the board members who claim to be successful should be able to pony up $200k to drill a hole. And your comment about Core vs RC drilling absolutely right and is very telling.
RC drilling would allow for 4 or more shallow holes for the same $$.
If they find an excuse to not drill in Jan/Feb it will be the proof that the goods are suspect.
The supply crunch report gives hope of LBSR's hay mtn being drilled in the next 7 year time frame.
The question is who will own it?
Git, thanks for poking me with a sharp stick when you pointed out no one, even a large obama re-election donor would ever be able to mine at the pipes.
The rationalization for the warehouse is found.
Thanks Elis, for the link to the 2011 NR 110.
It is a museum to 40 years of JB's life.
" Many of these reference materials came from Liberty Star’s CEO and Chief Geologist, Jim Briscoe’s extensive collection, which he gathered during his 40 years of work on the district. Among the collection are unique and exclusively held materials including confidential reports, high-resolution color air photos, geophysics, geochemistry and geologic maps."
In July, I asked a simple question in a private email to Tracy.
Here publicly.
"I calculate a dilution of nearly 2,500,000 shares each month for the $3645 rent fee.
Could you elaborate on what is in the warehouse and justify the continued dilution.
Ten Million shares just for the last five months is a steep price for rocks, weeds and shovels."
Perhaps the last venomous line got JB overly rankled and he rushed to his Dictaphone and you seen the result.
The current conversion/dilution will not allow this to continue indefinitely.
Can I ask you what your vote was on Item 5
Proposal Number Five was a nonbinding advisory vote on whether a non
binding advisory vote on the compensation of our named executive officers should be held every one, two or three years.
the non
binding advisory vote on the executive officers compensation should occur every 3 years was approved.
I was not there and was wondering if there was an option on the ballot to mark one, two or three?
Note to JB. Seriously reduce NP claims.
No activity will take place here at least until Jan, 2017.
No other uranium speculator has any money to use on new claims.
LBSR can re-claim upon becoming flush with funds.
Just realistic common sense.
What is the non metallic target?
Frac sand?
JB's 52 million options expire in 5 days.
8/10/2015 at .038
Further in the S-1 it states:
"There are 52,575,000 incentive stock options granted to James Briscoe under the 2004, 2007 and 2010 stock option plans that are exercisable within 60 days of July 27, 2015."
Legally true but misleading - 60 days.
I am not a psychologist, but I impersonate one around home.
Does anyone here other than me, find the rambling answer to the justification for the warehouse shows delusion?
To me, it is very troubling.
I have a hard time believing that Jim sat at his computer and typed all this out. I think he probably dictated it into a recording and Tracy typed it verbatim and sent it.
If that is what happened, she should be fired.
JB limited himself to $100,000 a month of new money.
If he goes the limit, I should be able to see the glow over AZ from here.
Heads - I win
tails - you lose.
Gem, I like your thinking and your positive posts.
just off the top of my head, I don't think there was a change in the projected AS at LBSR from 5 Bil to 6.125 Bil.
I think they said to increase AS 5 Bil.
As apposed to increase AS 'To' 5 Bil.
I may be wrong?
Hugh as in the heifer Hefner or Hugh as in huge?
I agree with Wshaw.
I started with LBSR with a small number when Jim staked alaska from a helicopter.
Tracy stated on other board that they had shown some suitors the door.
The burn rate is too high for that attitude.
Yes, Authorized. i don't like abbreviations, except when I do like them. Getting mixed up. Sorry.
If warrants are allowed to exceed R/S that means I can sell you 75% of my business with a option to sell you another 75% next month.
Can you point to a company that did a R/S and did not see a reduced Market capitalization within a year or less?
There May be some companies with earnings.
R/S is for the market makers, not the share holders.
Don't forget the Outstanding Warrents, as of October 31, 2014 there were 65,366,708 good for an average life of 1.26 years.
Not sure how these affect A/S.
Liberty Star Uranium & Metals Corp. (the “Company”) requests the withdrawal of the Company’s Registration Statement on Form S-1 originally filed on January 16, 2015,
Anything here?
What is the "hay mt deal."
We are in the same place here as with TPA, 'Fast Track Trade.'
It is all top secret.