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Yes, and ORC as Highly Leveraged will Benefit Greatly.....I know personally I will upgrade my home once this is Over.....many will. I think the government will hold off a while before even thinking of raising rates again till economy very solid
Held up amazingly well in today's carnage. Imagine if it was an up day.
MREITS make much more than regular REITS in Zero interest environments.
The panic in place now is not intentional But due to the learning process of what this virus is AND how to handle it...
There are definitely better ways to deal with the virus that will save lives AND not destroy ordinary lives....
Simply put ...while some similarities in controlling the virus should be implemented in Every country.....Each Country must and should Learn from other countries AND Improvise the lessons to FIT THE UNIQUE Charachertistics of that country... I dont think one size Fits all.
I think It will be Clear Very Soon that Life and Business MUST AND SHOULD Go On with APPROPRIATE Safeguards for those at RISK.....This will take a little time for the WHOLE WORLD to realize...I'm sure some have figured it out already a better approach but not enough yet to change...but it will happen.
Stay as always safe and Watch your high risk individuals to keep them Safe from this High risk Virus. Cdc.gov has great info how to deal with it.
I think opposite will happen ...
Homes and mortgages are best place to keep coronavirus at bay....
This panic to the virus will give way to a more rational way to deal with it....
I dont believe every country has same way of dealing with it But there are definitely similarities and lessons to learn and improvise.
Tommorow will see a good increase in price...
The Fed just dropped rates to Zero..
Last time in 2008 mREITS had profits that were extraordinary, the profits multiply many times in mREITS than regular REITS with drop in interest rates. Benefits ORC tremendously, maybe why we saw an attempt to crush it Friday.....so some can load up....
Information coming out slowly showing virus can be kept under control with certain measures. The roller coaster is due to lack of NEUTRAL FACTS....perhaps most important FACT is OVERALL MORTALITY RATE ....total dead divided by Total infected..
The main cause of Uncertainty is TOTAL INFECTED....no one so far knows with certainty. ..but it will be known for sure....facts always appear one way or other...so the public can decide their risk.
This will reverse once a Vaccine or Treatment is Announced that is effective. Until then, the company must stay strong. They have a good management and good balance sheet.
Stay safe.
I agree....but not because made in China.
Because Nature will cause to Mutate and go back to the Bat were it came from and where it should have stayed if people would stay AWAY FROM BATS.
I can NOT BELIEVE the ridiculous comments being posted on the other board about Imaginary 10s of millions from a mystery letter.....while the World is on edge looking for end of the coronavirus spread...hopefully a vaccine.
I never thought "intelligent" people can achieve this level of ridicule....
Meant Alan Wilson not Alan Williams.
TO TRACY
FEEL FREE TO REPOST ON AGOROCOM.
It would seem to me that these Confidentiality Agreements are the PRODUCT and EFFORTS of CEO Brett Gross and Alan Williams who have insight and contacts in Large mining Corporations all over the world. The world including USA needs Copper no matter the Corona Hysteria going on (Will pass away like SARS did....anyone remember SARS?).
Apparently, a letter was posted allegedly from James Briscoe allegedly claiming alleged attempts by company to keep him quiet for being removed as CEO and more SUSPECT Claiming 10 million dollars in ALLEGED FUNDING from SHAREOLDERS???
I respect and hope to continue to Respect James Briscoe as Geologist who discovered Hay Mountain ...BUT This Alleged letter from him seems to me NONSENSE which will NOT Hurt company, as this is very common in Public companies, but will Cause needless bad feelings to persist among a few vocal if not completely thoughtful shareholders.
If Mr Briscoe says that he has 10 million dollars now...where was the Deals and Confidentiality agreements when he was CEO??? Instead LBSR was SUED so many times....
Mr. BRISCOE STARTED and caused the TOXIC FINANCING that caused Share price to go to 0.0001 at one point during a day in trading!!!
EVEN IF YOU TAKE THE ALLEGED letter at its word .
The 10 million is a DROP IN BUCKET for project this size. We need UNLIMITED Access to funds. LBSR will of course use Efficient limited high technology methods but ACCESS has to be guarnteed only by Large or Medium Companies. Anything else is foolhardy for a large mine!
The MINING BUSINESS and IT IS A BUSINESS is very INTENSE and TOUGH....100's of Millions poured in before your return of 100's Billions.
I ask Mr. BRISCOE TO lay low, let the Company get an agreement and he will personally be rewarded for his Discovery and who knows maybe get back as Chief Geologist of the Project or be Tasked with company to Discover other Calderas. Any other pursuit hurts mr Briscoe image in eyes of us who respect him as geologist, NOT AS CEO, and will NOT hurt the company as all companies are used to these Personnell matters and may even hurt mr Briscoe legally if he does not cease, any CEO has Fiduciary to protect the Company and as such, I hope we dont do it, but this type of letters need to stop,. I speak as a 15 Year old Very Large Shareholder of LBSR.
Agreed.
I personally will buy with whatever I have coming in.
CORONAVIRUS PANIC FOR POLITICAL REASONS!!!
Here is one of many Reasons
https://www.libertystaruranium.com/2020/02/14/liberty-star-geoscientific-reports-available-on-lbsr-us/
This is a deliberate methodical approach to success IMO
Almost 20 cents up.
:)
Today was just reaction to international news. It was continuing slow upward before.
Imo
Sorry on mixup
But you got my point. Brett Gross is Highly Qualified.
Go LBSR
Since you post on the Agorocom board.
I wanted to respond to some of the INANE posts by a know it all over there and his lemming followers regarding his incessant complaints about Brett Gross as CEO.
1) Brett Gross is the most highly qualified Businessman and mining business expert to Join LBSR which is why he was Chosen by JAMES BRISCOE!
2) If That know it all wants to Donate his Pension or Social Security check or his Dividends or whatever income he gets to Brett Gross to cover himself and Family living costs let him do it so he can work Full time...until then then those posts are hot air.
3) They say they think James Briscoe should still be CEO....how old is James Briscoe? Does He even Want the Stress physical and mental that Goes with that Job?
......More hot air from inane posters!
4) Brett Gross is not to blame for any of the Financial messes that Lbsr endured....for that you know who was in charge.
5) a person who supports the company does Not talk it down when their "Stink bids" are not filled....unlessssss
Food for thought
Go Brett Gross
Kick their....
Quarter results after market Thursday.
Conference call Earnings Friday 10 EST.
Yes
In addition look up today's SEC filing!
Gross, the CEO Paid for the NEW Analyzer out of His Money!!! It was advance and no Interest!
I am Adding!!
I want to make a comment on the Agorocom Board
It is clear to me there are those who post things that seem to Support the company....then price rises too fast due to Company clearly going in right direction.....they get caught flat footed because they don't have shares enough....so Schizophrenically they turn against management and price falls.....meanwhile they are loading....
One of the reasons I Do not post there and never will!
Trust but Verify! Wise words if you have nothing to hide!
Bill Gross, the CEO Paid for the Analyzer out of His Money!!! It was advance and no Interest!
I am Adding!!
I see a bird
What do.i win?
I learned from this board today two facts.
Some can read. Some can not read.
Impressive.
Probably Director Briscoe resigned for the best for the company...
First, his age and health need to be considered.
Second, as a Director, the position can be filled by another Director to advance the Projects more.
Very Telling that the company Retains him for Consulting work in Geology as needed. It tells me all the Geology is wrapped up.....Sounds Good to me.
Briscoe advanced LBSR so far and now it needs different Board member both for his age and the projects.
Dividend stays same!
Why did it drop in first place?....maybe an institution liquidated too fast...
Extreme moves....
https://seekingalpha.com/article/4288539-quick-dirty-mreit-discounts-8-27-2019
Will not last....
Lucky are ones with dry powder
SURE!!!
You know more than people Buying with their OWN MONEY!!!!!
ROFLMOL!
Something is up today....7 on horizon :)
Yes, I looked at the 5 year chart and many times it went up from 8.50 to 12 or 7.50 to 10. That is when you have time to sell and average down again. Some do it every day or every month....others have longer horizon....
Whatever floats your account:)
My recommendation so as not to have Heartburn...is to wait till it reaches 20 cents a share and only then buy...that way you know it is for real move not a fake one...
Just some friendly advice...
:)
MISLEADING AGAIN and AGAIN. ...
In every Conference call, which I doubt you listen to, the company reminds its shareholders, it has paid over 10 dollars in dividends since inception...(not sure exact but its close) ...Even if you put 50,000 dollars at initial price of ORC and you took out all Dividends and You did NOT AVERAGE down and or trade. You still would be up 50% or more....
If you took out your money too quickly or made bad trades then you would LOSE MONEY. but that is in Every stock.
The funds that just bought 7 million shares at 6.55 a share are usually lot smarter and wiser than me so I will humbly follow their lead and buy at this price....
Thanks for your concern!!
MISLEADING....
You Do Not account for Dividends or Average Down!!!
Dividend for August 8 cents. Stays same.
ORC sold All 7 million new shares at 6.55. 55 cents higher than current price.
Looking like Solid green today....IMO
Don't want you to Lose your money.....but
NAK is the Toast not LBSR.
Whether Under President Obama or Under President Trump, NAK has not secured the Permits or Major miner needed to Develop ANYTHING.....This will not change...the Hurdles technical, ecological, financial are Enormous in This Part of Alaska...
At Least LBSR is in A DESERT with no opposition or Waterways to worry about....Briscoe is also very Environmentally conscious and knows how to allay their concerns....
I would risk on LBSR....Never on NAK.
IMO only!
I ABSLOUTELTY AGREE.....Amazing good Advice!!!
WAIT TILL IT REACHES $0.50 TO BE ABSLOUTELY SURE..
LOL
Net income 3 times last quarter.
Looking forward to conference call tommorow..
Earnings aftermarket Thursday July 25.
Conference call Friday July 26 10am EST.
Next conference call will glean how this quarter went and guidance...
July dividend stays same $0.08.