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Quite apropro imo. It's striking the simliarity between the real Area 51, and LBSR'S.
Some are believers of the supposed "claims" some are not until given verifiabel proof...in the interim, only very few individuals involved know the truth.
Additionally, if you had something you found that you wanted to hide, that could be considered explosive, potentially life changing; it would seem that a non descript warehouse in the desert would be quite suitable place to attempt to hide it at first. lol
All in good fun.
GLTU
LEAVING TOWN WITHOUT CASHING IN ALL THIER CHIPS?
Would expect massive pps downward pressure BEFORE turning off the lights.
HMMM...i'm leaning with the other poster..maybe moving to a new location?
We need a spy on the ground....does google satellite maps update monthly? or weekly?
Maybe we could catch a pic of J.B Carrying his server into his pick up truck?
Or loading the goods into our brand new LBSR area 51 warehouse
GLTA
Throw in the invisible hands of immense dark pools, stealthy plunge protection teams, off shore sovereign wealth funds caniving with barely regulated hedge fund managers, insider trading...ahhh quite a mess imo.
oh yeah....go lbsr! (to be on topic)
Strange timing, I wonder if this has anything to do with the potential reemergence of the volcker rule?
Cleaning up wallstreet is long overdue IMO. Would be nice to know that once LBSR uplist to a bigger board in the future, small retail traders will have a more even field to play on.
GLTU
Good luck milo, i'm still waiting for a logical response to a similar inquiry I posted recently:
"Which market is most important to you?"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67918523
Agreed. I do believe even some LBSR complainers are adding at these levels.
Sometimes it seems, you can have your cake and eat it too?
GLTU
Have no idea what this post is about.
I'm thinking this is the part where we say "patience grasshopper".
I'm not worried about what the CURRENT market is saying. I'm much more interested in the FUTURE market when everything is finally in place, and drill results announced.
As of now, we are currently in a Speculative market. The proper place and time for the small retail investor, to accumalate.
After validated drill results are produced, it will no longer operate in a speculative marketplace.
Validated markets is NOT the proper time or place for the small retail investor to attempt accumalation; as it generally becomes cost prohibitive relative quickly due mostly to limited capital leverage utility.
I hope this helps.
Which market is most important to you?
GLTU
I am a believer:
"I have known about and studied the Tombstone area for decades, but with prices for metals at historic high levels the time to move aggressively forward is now"
"We now have a series of clear plans on where and how to progress in a systematic efficient exploration program that will effectively test this very large but poorly explored district. We are starting immediately to follow through on their exploration recommendations. We will undertake and report exploration activities as soon as possible. I consider our current claim blocks among the best places to explore, but believe additional targets will be revealed as we complete geochemical field work and helicopter borne ZTEM geophysical work."
GLTA
Strange, I was never under the impression we were at odds OTR.
Agreed, offical PR's serve a specific purpose. PR's are just one way companies can keep their shareholders abreast.
Unfortuately it has been over relied upon from sometimes lazy, inept, fraudulent or arrogant management as their sole avenue of shareholder communications.
Sometimes it's a simple oversight on the part of management who usually are up to their eyeballs in the daily concerns of running an enterprise. (I think J.B falls into the inept at business and up to eyeballs in rocks scenario)
I won't judge briscoe to harshly IMO, he is at first a geologist, not a Wharton MBA Grad. He may also suffer from the all too common disease of inability to create the correct perception and argument to existing and potential shareholders, while creating a clear and separate strategies, not forgetting to parse his business, from hobbyist activities.
Its' a perception problem at it's heart imo, underlied and bouyed by opaque management decisions or lack thereof...hence the current firestorm from some shareholder frustrations.
I'm not frustrated personally, and I actually support briscoe is his apparent "bumbling along". He has gotten us to this point at least. He is a geologist...a brilliant one..but let's not forget his core capability.
I believe he has the goods, I believe soon things will snap into place, I believe the share price will appreciate in value by MANY multiples..I belive this will occur with, OR without J.B involved.
All of this will take time to unravel...patience in this case is an understatement.
I believe I need more shares.
GLTU
If Newco is a go, it's a big plus to LBSR IMO. Time will tell very soon if they are for real or not, or simple curious tire kickers.
If it's not a go, we have lost nothing. I don't lose sleep over it.
Saw that. Not sure what to make of all of this SAGE ongoings. I can see both sides of that advert pump program.
Nothing necesarily wrong with advertising what you have, yet it can easily be seen as unseemly.
What a curious little company it is, with quite interesting people tied to it.
Time will tell.
Fernace, it appears J.B has at least as much incentive as any LBSR shareholder to see the value of his share holdings appreciate in value. I can't think of a more severe performance metric, except public execution?
The clog in the pipes appear to be one of transparency IMO. If he were more DIRECTLY transparent regarding shareholder concerns, then he would by that same token be afforded a bit more leniency?
Our good friend OTR may well validate; that if a clogged pipe is transparent, the clog in question could be more readily remedied.
As it stands from reading the daily LBSR musings, most here feels as if they were tricked into buying tickets to ride a bus, with no known destination, driven by a blind and mute man.
Good points you raise imo.
As a side note, I can tell you from professional experience dealing with brilliant types, you must be careful in your approach....by their nature, "mad scientist" types are not easily persuaded from outside stimuli.
GLTU
From my intial research, it appears this company is a shell company, mostly used as an incubator of sorts for thier strategic partnership member's products they help bring to market?
How does RBTI make money?
From best I can tell, they hope to see value through share appreciation from it's member partners' shares prices?
But how does this strategy benefit RBTI shaheholders?
Is RBTI nothing more than a venture capital firm at it's core?
Does RBTI actually manufacture any of it's OWN products for market?
As for "trying" to acquire KUCHERA, as best I can tell from the affidavit, it was apparently more to do with an "alleged" con man promising the merger, and not so much an active strategy from RBTI management team.
Curiously, if kuchera and RBTI both we interested in merging, there would be no need for said "alledged conman" to play middle man. So why hasn' t the merger occured in spite of this?
A very nice share structure I must admit.
But besides that,what am I missing here? Help.
TIA
Frankly, I'm confused as to why it "appears" to be a division amongst the LBSR board posters.
From what I can ascertain from the daily rhetoric, everyone seems to want the same thing here..strong management actions on behalf of shareholders, in a timely fashion.
I have said previously, Both sides have strong logical stances on the issues at hand.
While I may personally choose to not be part of any "shareholder alliance", I do see however, the nececessity of management perhaps in some simplistic way, to assauge it's shareholders concerns.
(For example a brief 30 min shareholder teleconference meeting, twice a year. Where questions can be asked directly to management)
Albeit, the same issues of limited public information may still be in play...but I believe it will go a long way towards buiding and sustaining better credability amongst it's stakeholders.
I do believe this would make for a respectful first step towards a more equitable relationship between shareholders and management.
Without proper transparency, mistrust tends to flourish.
Either way, everyone here wants the same thing in the end.
Profits.
I'm here for the LONG haul, eventually things will come together...with or without J.B. imo.
I've noticed ZTEM magnets can hold tin foil hats snuggly in place quite well sometimes IMO.
Question is, who exactly is ABE RAYMOND? And where are his FACTS?
I was reffereing to the acutual data he posted. But other discussions we speculated concerning future sage placements of that approximate amount.
Too busy to find those posts right now.
Maybe someone can link it.
I believe the 5 million "shares" may have been misunderstood to mean dollars.
I started off as a strict LBSR flipper, now I just accumalate.
Whatever works.
I wonder how many shares I will be able to amasse in 9 years??
I may reach the 6% ownership threshold here sooner than I imagined. lol
"no one and I mean no one has any faith in Briscoe, and truthfully, you can't blame them."
I guess that makes me a "no one" then.
When I sit back and mull over the maps..it appears to me that unless a person has lost sight of the bigger chessboard...things are really promising here.
LBSR is just one of the many pieces on that board..but the key in this industry is all about consolidation.
NAK knows better than anyone...hence thier current anemic JV "option" with us.
While it's easy to complain at the snail's pace of events, it would be mistake to assume that any day...in an instant one piece of news couldn't change the entire trajectory here IMO.
It seems prudent to complain and pursue changes, but maybe continue to accumalate as well?
I can see both sides of the frustration issue.
Thanks to whoever sold today, truly.
What are your thoughts on LBSR PPS trajectory, in the hopeful event when NAK will finally INK our JV partnership?
TIA
It has been said, Buy when there is blood in the streets, sell when the champagne glasses are overflowing.
Big fish, eat little fish.
gobble gobble
I do think the frustration level concerning LBSR'S management's non-communications are valid.
With any long term visionary holding shares....all the negativity will bode well for impressive opportunities to amasse significant shares at fire sale prices.
I welcome the volatility :)
To each his/her own.
GLTU
Sold a portion of my other equities, bought some more LBSR today.
Couldnt' pass up these prices today while I wait for my transfer funds to clear next week.
Hoping to see 0.01 or lower next week?
GLTA
Seeking counsel will not only protect you from pitfalls, but can also be a major resource in making your efforts immensely more productive.
SEC regualtions are constantly in a state of flux:
see recent:
"Last fall, the SEC published a proposed rule that would—under certain limited circumstances—permit shareholders of public companies to nominate one or two candidates as alternatives to the nominees of the company’s board of directors and management. The rationale for the rule, spelled out in the SEC’s accompanying release, is oddly vague. It never describes with specificity what the rule is actually supposed to accomplish, what shareholder rights it is intended to vindicate, what evidence the commission has assembled in support of the rule, or why the rule is necessary as an exercise of the commission’s regulatory authority. Instead, the rule is said to address cases where a company’s proxy process is “ineffective,” or shareholders are “dissatisfied,” or shareholder views have not been “adequately taken into account.”
What does the SEC mean when it is concerned about shareholders who are “dissatisfied,” or that a proxy process is “ineffective,” or that shareholders cannot participate “meaningfully” in the proxy process? Dissatisfied about what? Ineffective in what way? And meaningfully in what sense—political, economic, or emotional? To these questions, the SEC release provides no answers. It appears that the rule is designed to address general shareholder dissatisfaction—about anything—and thus reflects a new intrusion into the economic sphere of the culture of victimization that many have noted in American society in recent years. Now, it appears, shareholders are also victims—in this case of unresponsive corporations that will not listen or respond to their complaints."
http://www.aei.org/outlook/20221
Good luck in your efforts, truly.
Points well taken. IMO it will serve you, and your potential participants well if you sought simple advice from a well informed SEC attorney. No reason why this would cost you anything to ask a few simple questions by phone.
Any potential pitfalls your group may encounter in your endeavor can't be properly distilled within the limited scope of this public forum board.
SEC regulations is an area where the layman can easily run afoul..unknowingly, and "innocently"...without proper legal interpretations.
As you well know, ignorance of the law is never a suitable defense; unfortunately.
Better safe than sorry.
As always, do what you think is best.
GLTA
I cannot respond to private messages.
1. I support the idea of creating new ways to forge better communications between management and shareholders..in principle.
2. To avoid potentially running afoul of any SEC regulations etc,I would suggest NOT taking a share count of potential members of your organization.
3. Consider well the pros AND cons of following through with such a device you are attempting to create, sometimes...things have a way of creating the inverse intended effect...if not properly effected.
4. I unfortunately cannot participate "directly" in this grass roots endeavour, but wish all potential participants success in their efforts.
GLTA
Am I the only one happy to see the LBSR price dropping??
Is it too much to HOPE to see it @ 0.0003 soon? :)
GLTA
My fave part IMO:
"Comments James Briscoe: “With technical reports in hand, we can move to staged exploration in Tombstone, including geochemical surveys, ZTEM and core drilling."
It's amazing how the obvious is smacking us in the face in every PR these days..."drilling"...yet some are still bellyaching about no movement. lol
I'm a buyer next week again once funds clear.
Accumalation and patience---> keys to success here imo.
GLTA
Nice article. I wonder if briscoe knows about this new technique?
100% retrieval rate?...amazing.
Thanks
Great, so you have an exit strategy. Seems you should be more relaxed about things.
Nothing you or any one of us can do right now but wait to see stock appreciation, or stop losses initiated, either way we are all in this together.
GLTU
What's the opportunity here..in a nutshell if possible.
TIA
I believe everyone who buys shares logically wants and expects their equities to appreciate.
However, my simple point is, so what? your "expectations" mean nothing.
LBSR will do what, and when, and with whom they will, based on management's strategm..not yours.
I'm surprised you didn't bother to use a simple stop loss measure, that would have saved you some capital loss pain imo.
I am curious...if LBSR rides down to 0.0001..are you saying that you will let your remaining capital ride down to those deeper depths, because you don't want to sell at current losses?
GLTU
"My bottom line is I'm over 50% down with this great DD stock it needs to start living up to it"
I understand your frustration. But why do you think just because you bought at "x" price, that LBSR should now perform on a guranteed higher performance metric, just to make you happy?
You do understand its' always a risk when you purchase equity.
your expectations should necesarily be tempered by the fact that you as a retail investor, truly has very little leverage in the situation.
It's logical to expect that LBSR management are scheduling events at whatever pace they deem necessary, towards the companys' goals.
As retail investors, we all must take stock of our own individual risk profiles, temper that with our our individual outlook on time decay in re: your capital investment/opportunity costs etc.
If LBSR has caused you capital losses, and they are not living up to your metrics, by all means make your concerns known to management.
If you feel your concerns are not being taken into account. Sell your shares, and don't look back.
It appears most retail investors have not set up any performance metrics of which; if violated, will automatically be remedied with a proper exit strategy...no emotion needed.
It really is as simple as that.
Audio, or transcript available.
I feel this is on topic, as it may impact our JV situation with NAK. The eventual outcome could potentially way heavily on us imo.
Unless of course we paid off our NAK debt with forthcoming financing from sage.
http://www.npr.org/2011/09/29/140932799/proposed-alaska-mine-faces-fierce-opposition
"I wonder how JB plans on keeping the lights on with out any financing or production"
Oh come on, I expected more hard-hitting journalistic inquiries from you.
Alas, to answer your difficult question..It's safe to assume he will keep the lights on the same way he has been doing for the last decade...by paying his utility bill?
We are waiting to hear details regarding a potential $5 million from SAGE...NAK PAST $ INFUSION...just for starters. But you already know all this.
Did you see how much cash we had on hand in the last filing?