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That is the issue. After seeing all the info they are not willing to go all in. Plus after everyone who has seen the info they are not willing to go in. So logic says "whats wrong with this picture".
If it was as good as they say they would have done it years ago.
Here is a plan on how to get more PP money. Every PP deal JB and the BOD will match those funds with their own money. This way it proves we are all in it together.
I have shares of LBSR for many years now and it is hard to believe anything LBSR has to say. Every year around this time LBSR comes up with some type of story to raise the PPS. Each year it gets worst. Last year JB sent out a NR for PP so LBSR could get a drill program started, they took that money to pay claim fees. This year I'm sure he will come up with something to get more money to pay the bills.
If it matter, than why has anyone done a JV with LBSR?
In fact if it were that good I would show it everywhere that potential companies could see it, not just a select few.
No it would make me mad as I am now with the bad decision I made with investing in this company. Most penny stock companies don't make it. There is a right way of running your business, and trying to keep the doors open by lying to investors and never making any money and getting sued by everyone he has work with is not the way to run a company. If it looks like a scam and smells like a scam it most likely is a scam.
Here is the issue with me. If JB never had the intent to drill but used that PR to get money to pay the claims that would be the problem. The only people who have the right to be mad are the ones who bought the PP's. If the only way to keep the doors open is to lie to the investors than the company should be sold or close the doors. By JB doing things like he has gives the impression that this a scam and you cannot trust anything he says. That could be why nobody wants to work with him.
That is not the issue JB mislead the investors by stating that money would be used for drilling. No were in that NR was stated he could use it for other things. In a court he would lose.
One place to start would be when JB ask for PP money to be used just for drilling and took that money to pay the claims. Even VP on the other board stated there should be a law suit on that one until he change his mind.
The people who did PP on that PR should have a case.
You are correct on this. This is the first time we received a clear statement from a BOD and for LBSR it was very good news.
Why should they buy they get free almost worthless shares
HA HA HA!
Thats a good one.
Why should all those crooks in Government make all the money.
Maybe that is were he needs to go to get money for drilling, he went everywhere else.
Couple years ago you stated you needed to sell a bunch of shares at a lost and stated you will not be buying any in the near future.
Just going back with my memory which is not the best as I'm getting older.
If I'm wrong I apologize.
Might be why you can't afford to buy more shares is that you bought to many at a higher price. Thank JB to making you poorer.
I have done very well, lucky I have LBSR to help me with my capitol gains taxes.
Heres the bottom line the PPS is .0015 and seems to be going down at large volume.
Who is selling all these shares?
And why would anybody buy them?
Even for a flip this is very risky.
wonder who is buying all these shares?
Wonder what happen to those pumpers who said this was going up big time?
I got an idea for JB on how to get money for drilling. Keep an eye on big lottery winners, they like to gamble maybe he can talk them into putting money in HM.
The part that concerns me the most is why after all these years with all the plant life, ZTEM, rock studies, that nobody with mining experience not even the board members want to take a flyer on HM. It seems the only hope is to find that wildcat type of person who likes to gamble and not know a thing about mining, because the people who understand mining wants nothing to do with LBSR.
Just saying the NR was PP money was for drilling and no were was it stated it could have been used some other place. If it did than most likely there would not have been as many PP. That means people were fooled into doing PP money to keep the doors open.
And a lot of people have been fooled by JB when in a NR he stated that the money in PP money will be used for drilling and than did not use it. Even VP on the other board stated that LBSR should get sued if that happen, however VP change his mind.
Fool me once shame on you, fool me twice shame on me.
As I sit here looking at LBSR share price and no interest in this stock. I'm thinking what things would be like if JB would have spent all that money he wasted in Ak. and put it in HM like he said he was going to before he change his mind and put it in Ak. He spent 1 million on a camp that we longer own, plus the cost of drilling a core that we have no idea what it is. Cost of being sued by his good friends as he told us, who did the drilling. All that money could have done a complete drilling program and we most likely would have results by now and maybe a mine project started.
All that money and time wasted. Of all the bad decisions JB has made this was his worst one.
Funny in the past other people talk like you saying LBSR is ready to rocket than a couple days later we never hear from them again.
People have been ringing his phone now, more than before must be a call a month now.
Of course things can be changed. However the facts with LBSR at this time have not changed. The only hope you state for LBSR is something could change in the future. Never mind what is going on right now, no money, no partners, nobody in the company wants to put their own money to get a drilling program going. All these years with nothing good happening for LBSR. All you can say is that things can change someday. That pumps me up maybe I'll buy more shares.
the only drilling going on is the drilling of the shareholders wallet
Yes that could be right however it does protect the company when it works in the grey area.
How can you prove intent?
"It's amazing how self-perceived smart people can't read a Safe Harbor statement or understand the contents."
Here is the issue with penny stocks, because of the Safe Harbor statement LBSR can just about say anything and get away with it. If you work in the grey area all the time to sell shares, than to me that is misleading the shareholders. All the company has to say is we put in the Safe Harbor statement so we can get away with it.
Still it does not make it right, legal, but not right.
Yes that seems common with penny stocks both ways. When LBSR was going up everything was great and when it was tanking people were saying hold on to your shares and buy more, as they were selling their shares.
After reading all these post about NP, JB is a lair, no he just look at things different talk.
This is the way I see.
Many people bought shares on JB's NR that LBSR has a deal on NP that will bring in millions of dollars.
Which the facts show that could not be done.
The proof of that statement is there is no deal and no money coming in.
Nobody knows for sure if JB lied or what was in his head when he came out with that statement. However with all the years I been a shareholder and read all the NR and seen all the lawsuits something is just not right with JB.
How can all the bad breaks, misunderstandings, lawsuits just happen to JB.
He either is stupid with business or lies or always works in the grey area.
I don't understand that phrase"stock accumulation going on under the table".
What are you saying?
That someone is buying on inside info?
Please explain.
what does that have to do with lbsr
Of course the price of metals mean something to those real companies. You cannot compare LBSR with them. They have proven assets, LBSR has none. LBSR never had and lost millions of shareholders money.
I think to get rid of Silver Bell to whoever wants it and take that money and use it for drilling HM.