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Love those white soldiers!
Here we go....
I thought that we were going sub-penny and then the reverse split? What the heck happened???????
That was a claim that NAK made in a statement, I think.
Is this on purpose or simply due to madness?
NAK could have called the loan at any time, and we were paying 10 percent juice Also, we drilled Big Chunk in lieu of paying full boat for claims.
Fairhills and MMs done for the day with the holidays at hand?
Thanks again, Eli!
So in theory, we could do some work at Haymountain before settling with MrBiGS since we have 6 months, and provided that it doesn't kill the NAK deal? However, it is probably not a good idea to jeopardize our relationship with MrBiGS, unless, of course there is already irreparable damage already done.
Kind of a mess......
Thanks, Eli!
Merry Christmas!
I think it is now 300k plus 91k with the new lien filed on Dec. 19th that Eli posted.
This seems like the logical scenario, Eli. Do you see us needing to do a RS in order to advance Haymountain? Also, do you know how soon that we have to payoff a loan once it is called? If the liens kill the NAK deal, then the NAK loan would be a much bigger deal than MrBiGS.
Did you read post that preceded this. Gem was not being negative on LBSR, but rather those who are manipulating the stock.
I love a good mystery? If someone attempts to do a narrative on the LBSR story, they need to answer all of these questions.......
Why do you think MBGS bought the spectrometer? Early Christmas gift, or just out of the kindness of their hearts?
Yeah, makes one wonder........
Makes sense, Eli. Thanks for your reply!
Thanks, Eli. Would love to get your .02 cents on all of this now that we have the 10Q and these liens unfolding.
This is getting crazy. Yes, you would think that many things point to MBGS putting a monkey wrench in the whole NAK deal for more than just to get paid 300K. And didn't they file the Lien right after the NAK deal was announced?
That was one of my first thoughts. But if that is the case, don't you think MBGS would step in to at least help stop further dilution of LBSR shares? Seems complicated, or maybe it is very simple.....
And by my rough calculations, that would be at an average price of .014, which happens to be where we are at now.
Yes indeed....
Great, thanks for posting.
What are your thoughts on this article, Hawk?
Gem, I thought in the last NR they said they were not going to do ZTEM until spring now. If this is the case, are you saying that they are going to drill without ZTEM? Thanks!
Yes indeed! It will be very interesting. Hopefully a lot of questions answered.
Yeah, and everything that Eli said. :)
I think that the "debt free" declaration and NAK deal NR triggered the lean. (I haven't seen the use the term debt free since). Whether it is because MBGS had a verbal agreement about Big Chunk and was not happy when JB gave away the farm to NAK (I'm sure they know what the core results were), or they just want to be paid because we declared that we were debt free, I don't know. I do hope that KY's theory is correct, but the word "dispute" makes me question that.
The selling has been very methodical, so it is either Fairhills or A&P in my opinion.
Yes, she said it was a "dispute" to me and and couple of others on the phone. And that they were working diligently to resolve this dispute in a favorable way for LBSR.
Very methodical selling here...
Owning 10 million shares at .00 in a company that had to close it's doors because the share price was too low to raise the funds necessary to advance is not what I would call a brilliant move! I hope that your theory is wrong. Maybe I am missing something here?
You think "fear" has never worked?
.0001 between bid and ask......
Gem, do you think that debt free was a prerequisite for a JV, and our "dispute" with MBGS is the hold up for closing with NAK, and thus moving plans forward?
I don't recognize this board anymore......
Yeah, I didn't get that either. Is that tongue in cheek, or am I missing something obvious here?
Thanks for being such a bold light in this darkness that we face.....Don't know how we would manage without you.
I have one very simple question:
Why would anyone ever bash a company they were invested in? If a person is "truly" invested in this stock, I don't care which way you slice it, it's not too bright to bash it relentlessly, day after day.