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Who are "online exploration services" claims (seen just south/below our sold property)??
Zen, that looks inaccurate...remember the sale:
"[LBSR] has sold 60.7 square kilometers (23.4 square miles out of the Company’s original 177 square miles, or 13% of its Big Chunk and Bonanza Hills acreage)"
What you've delineated looks like more than 23.4 miles...and remember, some BH acreage was also sold.
SGR/Amigo/KY, what do you all think?
No news on our optionings in AZ??
NR 74 - Liberty Star Options Porphyry Copper Targets In Arizona ...Apr 29, 2008 ... NR 74 - Liberty Star Options Porphyry Copper Targets In Arizona and a ... Tombstone, Arizona – Tombstone Porphyry Center -- These claims ...
www.libertystaruranium.com/.../nr-74-liberty-star-options-porphyry-copper-targets-in-arizona-and-a-precious-metal-target-in-nevada - Cached
NR 77 - Liberty Star and Mayo Gold Joint Venture on Sonora Gold ...Jun 11, 2008 ... El Papago is currently owned by Mayo Gold and Tombstone is ...
www.libertystaruranium.com/.../nr-77-liberty-star-and-mayo-gold-joint-venture-on-sonora-gold-property - Cached - Similar
NR - 85 Liberty Star Renews Claim Rental For All Arizona ...Sep 28, 2009... claims comprise theTombstone Porphyry - Precious Metal ...
www.libertystaruranium.com/.../nr-85-liberty-star
Here's a quickie from "Penny Stocks" (from Aug '10):
http://www.pennystockspennystocks.com/lbsr-liberty-star-uranium-metals-corp-uranium-penny-stock/
"LBSR Liberty Star Uranium & Metals Corp Uranium Penny Stock Wednesday 04th of August 2010 08:05:03 PM
I was looking through my penny stock scans today and Liberty Star Uranium & Metals Corp came up. I was shocked when I looked at the chart of this penny stock because of the beautiful advance it made from a long base. Needless to say I am disappointed to have missed that huge from from .003 to .03. That is like a regular stock moving from 3 to 30 dollars! A very nice move.
But now this uranium penny stock has consolidated in a sideways triangle and may be getting ready to advance again. Today it moved nicely but I suspect that it is not entirely ready for prime time yet.
The larger structure of this uranium penny stock is indeed quite attractive. Despite missing the move from .003 to .03, there may be a lot more to come.
It appears that a large part of the reason for the move in this stock was a jump higher in the price of uranium. Remember a few years ago the price of uranium shot higher from 8 to $160 per pound of uranium. It was one of the most unbelievable commodity advances the world has ever seen.
I used to have a price chart of the spot uranium price and will look into plotting it again with indicators so that I can get an idea of what may unfold with the uranium price. It would be nice to see another ‘uranium mania’ of sorts to help this stock move along.
Anyway the nice thing about Liberty Star Uranium and Metals Corp is the longer term chart since late 1998. The chart shows a long base followed by the recent massive rise on massive volume. That is a very good sign in terms of the overall structure of the chart.
It could be argued that this uranium penny stock has formed a massive cup and handle pattern with the handle almost completed. This could mean that we are headed for .05 plus in the months ahead, perhaps even .10.
It looks like key longer term resistance that needs to be overcome is .028. Full price bars above this level would be a good sign that LBSR is getting ready for prime time again.
I do not think it is quite ready yet however. It needs some more work around the current range, perhaps a somewhat sideways consolidation and then an eventual breakout later.
I think I have to give LBSR a penny stock rating of 1 on the penny stocks penny stocks dot come rating system because it has robust volume, a very nice large pattern and a clean price structure.
If the uranium price rise turns into a mania again then the sky is the limit for LBSR. I will try to get the spot uranium prices into my charting program again so that I can determine what kind of bull market we have with the current uranium price. It has been a long time since the price of uranium did that moon shot to 160 dollars a pound.
The supply demand relationship for uranium may be one of the strongest in the entire commodity sector and can lead to astounding gains. The world is hungry for energy and most alternative energy will not be enough to compensate for world energy demands. And if oil becomes more scarce then it would seem uranium is the next best thing to keep the lights on.
I am somewhat astounded that I have in only the last few days already given two stocks a 1 rating on the penny stocks penny stocks rating system. Most stocks I cover here will likely not get this rating because of the rarity of great penny stock setups."
Thanks for clarifying, HKipp...how many IP/geochemical anomalies are including in the sold property?
Yes, SGR...LBSR is less risky from a permitting perspective, this is a cushion! NAK if it fails to obtain permits, can buy more LBSR!
Gowanie...you had me in stitches!! I was feeling a bit depresssed with a -90 score..."But..." (with your f/u post) changing to a SWEEEEEEEEEEEEEEEEEET +70 over the last several days. Now I feel better. Thank you. Send me a bill!
Milo
Fast Money folks today (Time Seymore in particular) commenting on why FCX is not going higher (they didn't know) and further commenting: "I wanna get long copper...but I just don't know how right now..."
Somebody tell them about LBSR!
Amen, Zenfolio...well put...and thanks for challenging Tracy on it!
Thx, ltt. Impressive and confidence bolstering...truly. Way to go JB!!
Thanks...SEC doesn't distinction between OTC and exchange-traded.
Insider transactions: does the SEC require OTC companies to register/post? What are JB's (and other officers) incentives (options, etc.)?
It seems the dropped properties do coincide with branches of the Koktuli river...
...and the sold properties to NAK might correspond to Augusta and Desert Sands!?
Nice, Madanthony! Can we somehow now overlay the ZTEM-derived anomalies (as seen in lbsr's website bagel map)?
Thanks, HKipp, for reposting...what are the GH designations?
Nice work, Madanthony!
Oops, wrong spot (that was Bristol Bay, UT)...just do:
http://maps.google.com/maps
Hey, has anyone played around with the googlemaps/geoeye for this area?
http://maps.google.com/maps?rlz=1T4DKUS_enUS314US314&q=bristol%20bay&um=1&ie=UTF-8&sa=N&hl=en&tab=wl
Is it just me, or does the area look red/orange/brown (as in copper!)...?
Also, the area dropped...does this correspond to a river/run-off?
S4, 300%, but no melting allowed...that's why folks bought NAK instead!! <smile>
SGR, So from the ZTEM-extrapolated anomalies map:
http://www.libertystaruranium.com/www/photo-gallery-maps/big-chunk-super-project-images/Bagel%20Map.jpg/view
...there's an area marked "dropped"...do you mean this??
Thx,
Milo
Zenfolio/SGR,
Where does this second map (with the pink boxes with dots in the middle) come from? Is there a way we can overlay this onto the caldera LBSR larger map? It seems no one is sure exactly where this sold property lies...
Thanks,
Milo
Can/has anybody overlaid this depiction over the caldera/donut map (on the liberty star website)??
S4, your NAK-rise point since JV announcement is spot on and a great observation!! This was tremendous validation for LBSR stockholders.
I agree with amigo777...the greatest investment in my lifetime of investing (20+ years)...I am adding to my position daily...
SGR, Thanks for your helpful info and being available! You obviously are a shareholder, of great proportions (?)...your credibility is enhanced if so...more power to you if you are...
Some questions:
#1 how much cash do we (LBSR) have?
#2 how fast are we burning through cash?
#3 where is that burn occurring?
#4 Where do we find maps of Tombstone and East Silver Bell properties?? Is there ZTEM data for them, and for North Pipes?
BTW:
For those interested, here's a primer on ZTEM, from the company that did LBSR's survey:
http://geotech.ca/index.php?option=com_content&task=view&id=126&Itemid=192
Milo
Excellent strategy, Amigo!!! And JV's from China/Middle east won't hurt either...
This stock is in a better position now than I've ever seen (over the last 5 years) to soar...ALL the stars are aligning...truly amazing...at an unbelievable bargain currently.
I don't usually talk up stocks to friends/family, but on this one I already have...
Ultimately, our biggest risk (and for NAK) must be environmental objection...
SGR, I like the visuals portraying the various global copper/gold projects...pebble is, well...., HUGE!!
Dear fellow posters,
I'm new to your site and have enjoyed the recent postings! And grabbed some shares here at these welcome prices!!
This recent update (see below) on estimate of Pebble may be of interest...
Cheers,
Milo
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Estimate of Alaska's Pebble Mine deposit grows
by Mary Pemberton / The Associated Press Fairbanks Daily News Miner
Feb 01, 2010 3:50 p.m. 2/1/10
ANCHORAGE, Alaska - The potential for riches keeps growing at Pebble Mine, a huge minerals deposit in southwest Alaska near Bristol Bay and the world's most productive wild salmon streams.
A new estimate released Monday is larger than the 2008 estimate - growing 12 percent for copper, 14 percent for gold and 16 percent for molybdenum, which is used to strengthen steel.
Pebble contains an estimated 80 billion pounds of copper, over 100 million ounces of gold and 5.6 billion pounds of molybdenum, said Canadian-based Northern Dynasty Minerals Ltd., which is developing the prospect with London-based Anglo American PLC.
The estimate is for both measured and indicated, and inferred amounts.
Read more: Fairbanks Daily News-Miner - Estimate of Alaska s Pebble Mine deposit grows