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I would say that shares are in long and strong hands.
Don't worry about the silence. JB, BOD and Lawyers are very busy sorting thru all the offers IMHO. We already know about the strong interest from the May 22 NR. Anything more concrete than that would be under wraps and will take some time until an agreement is reached. I can wait.
I am go out on a limb and bet that the strong response mentioned in the May 22nd NR is even stronger after the ME meetings and presentations. Still caustiously optimistic
I agree. A lot of discussions between LBSR and interested parties before we get close to an agreement.
Logic plus the promoter has no credibility IMHO. Smart money in the Middle East or the US is loading up is my bet. But what do I know.
The 3M+ shares is not the result of the promotion.
No. Not until the License agreement is drawn up and signed. If that happens, this will take off.
I have accumulated the last two weeks. This is great news. We shall see.
Need some evidence regarding your statement about the Chinese . You dodged my question.
You must have inside knowledge from inside China. Congratulations!
Lawyer speak is harder for me than rocket science.
They want an agreement according to this. "A joint venture financing on the Hay Mountain Project for porphyry copper, gold, silver, moly, REEs and other metals has been requested specifically by naseba’s Saudi clients.. Its as if it is only a matter of BOD accepting the terms.
I got that. Is this what the NR is saying that the Saudis have requested an agreement as such ?
What does a JOINT VENTURE FINANCING request mean ? A Joint Venture financed by the Saudis and LBSR or the Saudis and who ever else will pony up?
This statement tells me that the Saudis have already proposed the joint venture. "A joint venture financing on the Hay Mountain Project for porphyry copper, gold, silver, moly, REEs and other metals has been requested specifically by naseba’s Saudi clients...........". Comments. Or am I just putting out there something everyone already is certain of ?
Excellent post lief. Agree wholeheartedly.
Ma'aden Corporate (HQ): Based in Riyadh.
Ma'aden Gold Company: based in Jeddah, Gold and base metals.[6]
Ma'aden Phosphate Company: based in Khobar, phosphate industry, with joint venture partner SABIC.[7]
Ma'aden Aluminum Company: based in Ras Al-Khair, aluminum industry, with joint venture partner Alcoa.[8] Ma'aden Rolling Company
Ma'aden Smelter Company
Ma'aden Mining and Refinery Company
Ma'aden Infrastructures Company: based in Ras Al-Khair, gold and base metals.[9]
Ma'aden Industrial Minerals Company: Based in Jeddah.
Magnesite Projects: Based in Medina
Zinc and Copper Projects
Ma'aden Projects[edit]
Ma'aden’s projects are currently developing or operating at the following sites in Saudi Arabia:[10]
Al Jalamid - The Phosphate Project
Ras AZ-Zour (Ras Al Khair) - The Phosphate and Aluminium Projects
Az Zabirah - The Aluminium and Industrial Minerals Projects
Zarghat - Industrial Minerals Project
Mahd ad Dahab - Gold and Base Metals
Sukhaybarat - Gold and Base Metals
Bulghah - Gold and Base Metals
Al Hajar - Gold and Base Metals
Al Amar - Gold and Base Metals
It took awhile but they finally answered my email with today's NR. Had a hunch something was up and would be coming soon.
Well said. I agree.
Keep it up all you longs that post here everyday. We do have some exciting possibilities here. As I said last week I smell something good cooking and the dinner will be served shortly.
I smell something good about to transpire. We shall see!
Good post Kipp. Point well taken.
Yes, but they already said as much in the March 4 NR. Confirming it is still in play does not seem to me to be a problem. Was I asking for more information than what they already announced ?
Thanks for the reply. My reasonable expectation was that she could at least respond regardless of the content. Is it too much to ask for confirmation that the statement in the March 4 NR is still in play. I realize that it has only been 6 weeks but some kind of response would be appropriate.
I assume that this statement from the March 4 NR is still in play and this is a waiting gsme. ..... "while we do not have a deal as yet, there is an increasing interest by several funding entities and large companies.” This what I hoped they would confirm in response to my email.
Yep! Question to Investor relations email box." As a long time shareholder, I am interested in knowing is there any serious interest by credible investors and/or entities"in funding our drilling plan at this time.
Not getting any love. Sent email last Friday and no answer as of today. Anybody have the same experience?
Ted is what it is all about for this company. He is the only reason I am gambling here.
Sent an email on Friday. Haven't gotten a reply yet except for the received acknowledement .
Its possible we have some potential deals but not what JB thinks is the best he can get. Hence the comment in the NR may be due to the negotiating process. But what do I know.
Agree. Very compelling.
No big deal if it goes to .0001, I have 8m shares @ 0002 to 0003. GNCP is a tiny % of my portfolio.
Got 867K partial fill @ .0002 on 900K order late this morning.
As long as there are a lot of people who want cheap shares this is what you get. Welcome to sub-penney land.
Pintus- I am with you on that. Not sure what to make of it.
Retail cannot short a Penney stock.EOS
"Investors are cautionedthat whilst grab samples can be indicative of potential positive future results, much more workneeds to be completed before a definitive outcome can be predicted. This work program to proveup resources and eventually reserves will constitute the bulk of management efforts over thecoming months and shareholders will be kept abreast of developments"
Nobody is asking them to deliver on expectations. Where is the Q1 that flat out was suppose to be filed this last weekend per the NR.
What?!!!!!!!
...... The only thing left is to drill these anomalies to determine their exact nature. While we do not have a deal as yet, there is an increasing interest by several funding entities and large companies.” Will we know something soon?