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come on dj. we don't have two pennies to rub together as the saying goes. stick to charts bud.
exactly, but we don't have any money lol.
Are you alleging I did that? I don't play those games. I have my opinion and it's pretty clear for those who have heard it.
This is beautiful.
Even if we were bystanders who were not long the stock, we would still have the right to discuss it and change our opinions. The inflexibility is "Group THink" at it's worst.
The action today is beautiful, but I still think Briscoe is not qualified to be CEO. I will eat my words if he pulls out a golden rabbit, regardless of where it comes from.
Investors has a right to change their minds; those who can not understand how one could feel both ways about lbsr are amateurs
sure looks like it...
NAK prefers this to slide to triple .000's, and JB can do this very easily.
Time is not on his side.
JB made a selfish choice to issue shares to himself and others on the Board, and crushed the company. I respect what you say but simply because you start with the premise that some one is honest, does not necessarily imply that he did not knowingly understand what he was doing.
My take is that he thought he could pull a fast one on A&P and they caught and beat him at the game. They were well prepared for what he could potentially do, and he did it, text book JB. Look, you can say whatever you want but if you break a very, very simple agreement you are stupid. No excuse. One review of the agreement and you know what you can't do. Besides if his attorney didn't tell him he couldn't then he is even more of an idiot.
The complaint was clear and i will send it to whomever asks for it but you can't ignore the fact; he broke his word and the agreement. He got greedy and we all paid for it.
this fact:
"but bonar is a good guy and he hasn't sold a share"...they say in a 90 lb twang...
my bad. thank you for the correction.
You may be 100% correct. However that does not change the fact that because of JB's stupidity in the past, we will recieve a fraction of what we should. Specifically, this means that by the time a JV partner is done, like NAK, we will be mostly owned by them and our stake would continue to fall. i'm not sure how that translates into a good thing for us once all said partners have their cut of shares.
this will be a trading stock for me then. nothing more.
Again, nothing to do with the facts of my post.
kindly, re-read.
Pink, with all due respect, that has nothing to do with the pattern behavior of the CEO in question here. which is what my post was about.
it was 100% genuine. i have not been and if you have, i stand corrected sir. look, people may thin JB is honest, and I say, no way! there is NO WAY he could have broken that agreement without intent and motivation to do so. he may be a smart rock guy but a sham as a business man, and he has proven that, over and over again.
we shall see in 2 weeks.
you are speaking to two accountants "trip"
without all those REVENUES and even BIGGER EXPENSES, we sure will!
Perhaps we can send an investor letter and have some very specific questions for him. we give him 10 days to answer, then go to his local newspaper and give them a free story. very easy to do. i'll help.
i sit corrected. my apologies!
"but bonar is a good guy and he hasn't sold a share"...they say in a 90 lb twang...
Revenues are income before deductions...Inform yourself before trying to inform others please
In the case of STTN, i think what we've learned, at least last Q, is that increased revenues translates into considerably less income or a higher working capital deficit. this is typically the case with a sham company that bonar is using to drive into the ground with expenses, then sell to himself via another company, and pad the sale with the former co's liabilities.
yeah i think that's what he's been doing for a while now.
Indeed. very consistent with his protocol.
"........funding for the project. We are discussing this with multiple potential partners both domestic and foreign."
"We are now in the final throws here in the trailer. NAK is done until they own us. They've already indicated that they don't want me or Twitty around once that happens. It's been a great run and we have started packing up."
soooooon!
...and your shares will be washed away with dilution....
they technically own us now.
because once the share price get's low enough, and they've already spent $10M, then they are the largest shareholders. they will then effectively own LBSR with no hassle or trouble. so, it is in NAK's best interest, that the share price fall, JB get desperate, and then, own everything, if they just WAIT.
oh yeah, then they will take JB out back and terminate his employment.
KY you know damn well that JB messed up big time. The lawsuit was BLACK and WHITE and the judge saw it that way otherwise JB would not have had the BLACK and BLUES (figuratively speaking of course) all over his body from what A&P did to him in closed chambers.
He broke his word. And that my friend deserves the beating he got.
Then he tried to retroactively scam the blunder. The judge saw it and warned JB that he would lose. And he took the deal, all broken toothed and bloody.
Who would go and sit with a blatant, dishonest man who was embarrassed by his own greed? Who my good man? Who?
That is why we have no suitors, except a line of hope from SAGE to get us through the year.
Two weeks until we know! Yippee!!!
Me too! It's entertainment now!
Hell, I may start selling for .01! That will be a laugh!
Just about 99.9% of the available leads, no? Unless, Fred, you have some special line to the old man, and you would like to explainexactly who in thief right mind would give JB $25M to play, "let's drill" with?
And how much power would JB accept givin up?
25 large typically means handing overthe keys to such an investor because, well, it's a substantial amount of money.
I don't hear many answering that question except one poster earlier.
JB will be forced out very soon. Mark this post.
YES! U feelt that too?!?!?!?
No, no, I never posted that. It's difficult to get financing after the public and humiliating lashing JB took by A&P. Securing financing now will please few here; the choices are slim to none. The vultures are circling and I think our best hope is NAK or HD.
The manner in which JB destroyed shareholder value was extremely negligent. He should have resigned for his blunder in purposely and underhandedly broking the agreement with the last Financiers, a small time shop, but smart sharks who made themselves rich on JBs arrogance.
Not one poster here can defend, honestly, what JB has done to this company. He has single handedly reduced our chances at ANYTHING because of his outdated, selfish, buffoonery. It's all right there for anyone to read. I will send the complaint they filed, and ultimately cornered JB with, to anyone who would like to review it.
We shall all learn soon enough about the fate of LBSR.
LP used to bash, then he went long like all the reasonable investors here, like me.
However, many investors here, approximately 8% of outstanding shares, dislike what JB has done to the prospects of OUR company. He runs it like a mom and pop shop and here we are.
We will either have a very merry Christmas or not.
don't worry, LP, i will repost your wise words for those who won't read till late, LOL!
maybe we should start shorting this thing. how do i go about that?
i don't think anyone said that 28k equated to slobbery. the slothness of JB is well documented. we have all felt the effect. now the notion that a new company would reduce briscoe to a paid consultant or a geologist at most, is beautiful, IMO.
Not fair to turn on LP, he's been an asset to this board; always a rock of reason here he is. And he has straightened me out many a time.
Great point! I think you are on to something. I never thought of that. The new company could be Briscoe free! Oh good lord! We may be rid of the sloth just yet! You made me very happy of just the thought of briscoe gone. Bless your soul! Person mark for you!!!!
Wrong. To you, but it is fact an issue. The trend is to highlight slobbery. It's trickling down to smaller companies.
Correct again! I know this for a fact.
i can't knock you for being optimistic. fair enough.