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Lol, you've been labeled a criminal element on the other board, lol your post are relevant and insightful imo, however it's strange to see that labeled as criminal behavior, told you this was a cult like stock where dissent is not only not tolerated it could land you in jail, lol unbelievable how low people will stoop
I hope so
That's sounds like a description of a slush fund
Professional services can be easily included in salaries or broken out as a separate entry, it could be easily someone on salary that performed a service to the company that they were paid separately for, accounting can be misleading and tricky, wish we could know exactly what the service was and what it was for, could've been JB offering his expertise on the drilling plan, since Jabba was his drilling firm and all of that high tech equipment sits in the high tech warehouse, it's a common back door way of getting cash out of a company
Hate to bring the legalese stuff into it, but you have to read between the lines with JB, or add in what he didnt say, he simply said after $150k was raised he would drill, he didn't say after the first $150k that came in he would drill, there's a big difference imo, so I still say he may drill after he gets $150k, when that will be who knows, but to throw a bone to the faithful, the likelihood of drilling has increased now that the essential stuff has been taken care of, maybe he'll drill after the next $150k comes in, but I wouldn't bet my money on it
Oh I agree, but it's well known or should be that the company is desperately trying to survive, no excuse to mislead though, however I don't believe it was intentional, don't think he set out to bait and switch investors, and as long as he dangles the carrot out there that as soon as they get a $150k in free and unencumbered funds, he will drill he hasn't imo, but the question is will they
I'll take JB's side on this one, the lights must stay on first an foremost, the claim fees must be paid or his dream is kaput, as I said before I understand, misled? all adults here, and as someone said, it's a risk worth taking, and they took it
My problem has always been, those who have signed the NDA and seen the "goods" have declined to invest, so why should I, and I believe the horrendous misleading promotion has hurt with the serious investors while revving up the unsophisticated ones
In a few more days that flag pennant will make this stock go Boom, Boom and after that everything will be ok, we're half way thru September and i can't wait for the promised fireworks, load the boat before it's too late, its Boom or bust I'll call it
Bad analogy I'd say
As long as shares are sold, PR's released and dreams stoked, this horse is alive and kicking, so any comments are relevant,
Obvious even to Captain Obvious I would say
Actually a good week for LBSR, shares sold to keep the lights on and another promise of hitting the mother lode, as for shareholders, well they should be comfortable with getting the shaft, unfortunately it's not a mine shaft
So you're saying maybe that Boom, Boom sound we were promised for this stock could be and iceberg, yeah I'll buy that
Brings a new perspective to the BOOM, BOOM that's dead ahead, no less in September, and the captain(JB), could be blinded by that flag pennant waving prominently from the deck
Yes indeed, and Hay Mt definitely qualifies, even good quality garbage can get financing
Because the fuse is lit, and this rocketship is about to go BOOM, BOOM this September according to the flag pennant formation, can't wait
Ok, but the truth never changes, however brokerage accounts do, as the true believers here know only to well, let's see if this goes boom, boom like a rocket ship in September, 29 days and counting, I'll be here, the new cheerleaders usually go quiet after the fuse fissles out on the rocketship
Lol, technicals don't work on a thinly traded penny stock, to easily manipulated, stock trading 101
Actually it's business as usual, all hat no cattle, you can raise money in this climate for a good prospect, it's happening all the time, but there's no money for the worst of what Vancouver has to offer, and this is one of them
Clear, concise and to the point because it is the point
And he will be until he produces something tangible for shareholders as it should be, we try harder as a slogan is already taken, he's ran thru 70 million already, plenty of enough time to get results
I agree no one knows the future with a 100% certainty, however the promotional gimmicks and the lack of investors who have seen the goods by signing the NDA, has to lead one to certain conclusions no matter how eloquently the "outsiders" may wax on the potential of Hay Mt, because after all if the goods were so easily found there must be some monied person(s) who would have taken the gamble, but as I stated before my crystal ball broke long ago, and after that I quit predicting the future
Oh I agree it won't be for awhile even if he gets lucky with some success in drilling, a serious investor will demand it, even JB says it in a PR, from last year or before, in his own words, so I'm not making it up or speculating on what would happen, he said it
With over a billion shares issued and another few billion authorized the only prediction I'll make is that it's doomed to sub penny land until JB r/s the stock it's the only way back to respectability and serious investor interest, and I am surprised very few can see it, pretty obvious even if your captain obvious
JB will come up with something to keep the faithful interested, maybe he'll find a huge gold nugget that's been laying around for millions of years during the trenching program since it's a gold play now
True they've went for steaming piles of you know what, that JB churns out on a regular basis, even someone said he needs to get off the pot, I agree
Imo it has to be those mid east shieks or those moguls from the Phillipines without a doubt imo, gobbling up these cheap shares in anticipation of the JV announcement, couldn't be anyone else, they are really smart and wouldn't miss out on the biggest potential mine in North America
So longs here would be smart also to do the same
Got LBSR shares?
I was hoping for a drill announcement, but short that why not put on those slick clothes and go hunting for some gold nuggets that may easily be shipped to a mine, processed and converted to the cash that'll help develop the 100 billion dollar larger than life mine
You really have to give JB credit for keeping this alive, most have went into hiatus with very little stock trading or very little news, however he has kept excitement up for the few that think the bonanza only awaits drilling, however the volume is very anemic and the news is getting less and less interesting, if it ever was
Yes stop throwing shareholders money down the drain, however I understand the logic, since the stock is down 95% what's another 5% yep makes sense, gamblers are never satisfied unless they lose it all, investors on the other believe in preservation of capital, that's why most longs here are still here, true gamblers
True either JB puts this on hiatus or the market will, he's put up a good fight to keep it alive though, however it's the potential of the project that matters and those who have seen the goods have said, it's not worth the risk, sorry to say
Of course I don't, it's all speculation, that's the fun in it don't you think, some speculate in the positive, some with the negative, but that's what makes a market
How do you spin this to a positive for LBSR, looks like drilling this is still a very remote possibility anytime soon, so I guess the pointed negative post will continue and the accumulation of these cheap shares will continue and the ghosts can rest easy now, nothings happening soon
And the forum was created for just that purpose, others as well, I suspect if the negative was eliminated that would be more to the point, and what's who LBSR pays for its own board, to put the most positive spin on anything it does and to promote the company, that's understandable
Pointless positive banter, interesting terminology
I post negative banter because I think Hay won't be developed,
You post positive banter because you believe it will
Is that pointless
Makes perfectly good sense, and that's why I said long ago you have to go over every statement in his PR's with a fine tooth comb because there is always something to question the veracity of, and you just caught another, thanks again
Lol, another straw man goes down, that's a very good insight, you usually pay for anything on standby reserved for you as was implied in the PR, totally forgot.
Question to the faithful, are the rigs still on standby or has he paid them and released them out of their commitment to have rigs standing by for LBSR, or are they still standing by and at what cost to shareholders, after all its been months of standby, and you've done nothing but make trouble for JB every since you started posting here
who knows this could go up 300% at any given time, before going back down again, low volume penny stocks are easily manipulated either up or down, that much I know for sure
Yes, they are not LBSR, pretty sure that's the reason