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Huge debt, no income, monthly expenses, MAKES A COMPANY AN ONGOING CONCERN. Any HONEST accounting firm will state that in a report. If management has to dig up one that glosses over that then that tells you all you need to to know about management.
The only REALITY in the stock market is the price. LBSR hit a new low of .67 TODAY. THAT'S REALITY! Arguing with that reality with company fanboy happy talk makes one a fool. The MARKET obviously DISAGREES that all the happy talk amounts to much.
#SMELL THE REALTY
Last time LBSR management dramatically increased the authorized share count the stock price fell 95% before bottoming out.
Where are all the company shill fanboys now?
Existing shareholders don't even get a vote on whether their money will get diluted away to nothing. And why? Because management just views them as sheep to be sheared, useful idiots. I called this! When they gave themselves all those special shares the existing shareholders got shafted and marginalized.
OH MY GOD!!!!! WIPING OUT EXISTING SHAREHOLDERS!
This is a pre-RS increase from 6.5 BILLION to 13 BILLION.
Ignore all the happy company fanboy garbage. This shows that Hay Mountian is dead, they know it, and are setting up for years of non-stop dilution.
This also confirms that Hay Mountain is DEAD, COMATOSE. They gave it one last big push and there are no takers. So now the "Hey look squirrel" nonsense starts up.
This is "HOW CAN WE FOOL THE IDIOTS AGAIN" stuff.
Everyone needs to remember that this BOD was there the whole time Briscoe was continually stunts like this year after year and they said nothing. They are cut from the same cloth, just sneakier and more subtle.
That is hysterical. The new office is a rental PO box? Was it a large size where they could store at least 2lbs of ore?
In investing, people who can think of only one reason when there really are quite a few (some bad, some irrelevant), are called BAGHOLDERS.
So more overhead to incur each month even though they have no takers. This seems like all sucker boob bait the keep the toxic share sales flowing.
After trying one desperate last gasp to make a deal, that did not happen, and now no amount of happy company fanboy pumping is going to save this.
When you have shopped and shopped and shopped your product around for years and years and there are no takers, only the most deluded still think they are getting a pony for Christmas.
The long terminal decline has already started in earnest.
The $2.50 gap is like waiting for the Great Pumpkin to appear. Don't forget to bring your blanket. It's going to be a long, long wait.
It should be dead obvious to all that there will be no deal. The price will keep drifting lower and lower as more realize that and any money tied up in this is dead money and so they keep bailing out. The true believers will ride it all the way down.
Exciting. More players to short the stock.
This is a ZOMBIE!
This is dying out. The next big toxic dump should push it down hard.
This is actually a NEGATIVE for existing shareholders. Having to file SEC reports was never an issue so no tangible benefit there but now they have to pay a higher annual exchange listing fee so that means MORE TOXIC SHARES being issued to pay for that.
"if you bought at $2 "
The previous spike high was $5. A lot of people foolishly chased that are bought in at $3,4 and $5 and are holding very big losses.
An intelligent and skilled trader tries to discern what is most likely going on behind the scenes. You do that by analyzing the price and volume of the stock as it trades. You analyze how trades are placed to discern who is buying or selling, i.e. amateurs or astute investors.
When things are heating up behind the scenes, there is almost always a tell in the price and volume. And why is that? Because for any large mining entity to set up a deal, lot's of individuals are involved. Any many of them start trading on that potential.
Only those who are ignorant of all that claim there is no information to be known.
Exactly, especially when it was one fool who bought about 100K of stock and just ran all the buy stops up to $2. I calculate their avg pps was about $1.50 and they have been holding a huge loss ever since.
Yes really. LOW of 92 cents so far today. Lower lows, lower highs, huge volume at the lower bid = BLEED OUT.
This thing just keeps bleeding out.
Stop causing trouble by always mentioning that an actual discovery of minerals is important. That has to be very upsetting to some.
Mr. Market is not BUYING ALL THE HAPPY FAN BOY FLUFF - AND THAT DOES MATTER.
Was trading at $4-$5 and now trading under a $1 and with zombie volume.
#LEARN - NEVER ARGUE WITH MR. MARKET
That's great news for any perspective deal makers. #EXTREME SARCASM
No ability to have a productive mine up and running for 10-15 years and start producing a profit from their investment. It makes the price of copper so IRRELEVANT and yet we get constant postings how copper @ $X.XX is somehow an big incentive for a deal to occur.
#LEARN
Nov 2020 to Feb 2021 was when deal talk was serious and the price went up to $5. After that fell through the price went back down to $1 and fast.
#LEARN_FROM_THE_MARKET The market is talking. Are you listening and learning?
Lets talk about "the market". The market is saying something but some don't/won't see it.
Deals with large entities always produce lots of leaks. They are not prepared in a vacuum. Lots of people help prepare the deal and many of them secretly start acquiring the stock (greed - human nature guarantees that). That cannot be hidden in a thinly traded penny stock. And when that is occurring the stock does not drift lower and lower and lower on low volume. $2.50 a share or higher 6 months ago and now trades down under a dollar and is a zombie.
NONE OF THAT PREDICTIVE BEHAVIOR OF A DEAL IS HAPPENING. #LEARN
"What's $10M to a major player for such an incredible pay-off? "
You don't realize how that blows up your pro-deal argument. If they thought there was anything compelling they would have dropped a million in a hearbeat to drill 20 holes and tested whether there was any reason to go further. BUT NONE THOUGHT IT WAS WORTHWHILE!
ZOMBIE STOCK! When are they going to turn the lights out?
The reverse split was @ $2.50, today trading @ $1. All were told by the shills at the end of last year that a deal was going down at any moment due to the new "happenings". Almost 8 months later the stock is swirling the drain.
#LEARN
The the full SRK report was available to all serious lookers under NDA for years. Nobody that's in a position to make a deal cares about what's in it.....as usual.
Asking for investing insight from a cartoon character... What could possibly go wrong with that?
Ancient news. The Hay Mountain ZTEM data has been shopped about for YEARS and there are no takers. AND NO, the serious players don't take years to make decisions and take action when there is a possibility for a large new find.
IT IS WHAT IT IS. THERE IS NO THERE THERE.