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Expect a burst of new mining deals in 1 week. ZERO DOUBT TRUMP is going to WIN and WIN BIG. The RCM polls are total fraudulent garbage. Biden is under-performing and TRUMP is massively over performing according to many accurate private hedge fund and big brokerage internal polls.
I know of several mining entities that have US ventures pending, ready to sign, and the only thing holding them up is awaiting the results of the election. If TRUMP (super mining friendly) wins, don't be surprised to see a lot of pent up mining deals go forward.
Some of you here could even be in for a surprise.
$200 bucks. That's real conviction. What a whale!
No, I'm pointing out that real buyers are not acting as if they thouht the new confidentially agreements and geo reports were as significant as some are saying.
10 MILLION as on BID @ .008 and 2.8 MILLION on the ASK.
If buyers had real confidence or conviction of the new data, they would HITTING that ASK with abandon and LOADING UP, instead of waiting to save a few pennies. If a deal is announced, the price will rocket higher and those penny frugal buyers will be left out in the cold.
Why is no one BUYING on all that wonderful news? You'd think the price should have gone up to .0015 - .002.
.008 TRADES!
HUGE TOXIC DUMP! .008 TRADES!
This happens over and over again and some never learn.
Brett and Pete WERE on the board of Directors during the time period you labeled the "Briscoe circus". They obviously were in full concurrence with all the scammy type stuff. They just now they have to be a little less obvious and clever about doing it, since the number of shares the SUCKERS are willing to buy is diminishing.
"Meet the new boss(s), same as the old boss".
Audits are being done for FRAUDULENT applications and the papers have been full the last couple of weeks of criminal prosecutions.
"Going Concern
Since we have not generated any revenue, we have negative cash flows from operations and negative working capital and we have included a reference to the substantial doubt about our ability to continue as a going concern in connection with our unaudited consolidated financial statements as of July 31, 2020. "
REVENUE MEANS REVENUE (a defined term by both the SEC and IRS).
IT DOES NOT MEAN "We could not borrow from our TOXIC LENDER PALS" during the virus period.
"On June 22, 2020, the Company received loan proceeds of $32,300 (net of $100 loan fee) under the SBA’s Economic Injury Disaster Loan program (“EIDL”)."
"The EIDL program is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to coronavirus (COVID-19)."
This highly appears to be a FRAUDULENT application.
LBSR has no business revenue and so could not possibly been impacted by "a temporary loss of revenue due to coronavirus (COVID-19)." as is required to be eligible to apply for and receive this loan. What $32,300 OF REVENUE DID NOT come in due to the virus? Answer: ZERO.
The SBA Office of Inspector General has been notified.
The "independence' is not what you think it is. They are human and all tilt the reports towards the company who is paying the their bill. That's how they get repeat business. Lot and lots of VERY SUBJECTIVE OPINION.
"for whatever the reason"
And that is problem. No wondering why that was the reason, just gulp, gulp gulp.
No, LBSR gave that lame excuse. Big mining companies have THEIR OWN geologists do those reports. What do you think they are stupid?
But let me guess, when you buy a house, you have the seller pick their own appraiser to decide what price you should pay.
You must really the the major mining companies ARE COMPLETE FLAMING IDIOTS, CLUELESS ABOUT MINING.
Do you really think they would not invest in some supposedly huge potential new find over a missing geologist report? That would be as stupid as a world class car collector not trying to buy a rare 1968 Ferrari priced at $500 because the seller did not have a mechanic's report ready on it's condition.
The excuses are pathetic and don't pass the smell test as to why there have been no takers.
CHUGGING KOOL-AID DOWN NON-STOP IS ALWAYS, ALWAYS FATAL TO AN INVESTOR.
THAT IS PURE BS. There was no need to give themselves 10.5 BILLION voting shares when there is no shareholder or group of shareholders who hold even a tiny fraction of that. The lame "for protection" reason is IDIOTIC BS KOOL-AID!
Like like that last SCUMMY, SLEAZY deal where they put up a small amount of money and then gave themselves 10.5 BILLION voting shares, SCREWING OVER all the other shareholders who who have put up 100X as much money over the years.
HUGE TOXIC DUMP ON ITS WAY!
Wonder if it will break the recent LOW of .0007?
I love the way the try to explain away how nothing has happened with the last agreements signed MONTHS AGO. "The big mining entities can't travel because they ARE COMPLETE IDIOTS, signing agreements and not knowing they can't visit and inspect the site."
Name the names or it's BS.
They pulled that STUNT many times before.
Having geologists, report writer's, etc. to sign confidentially agreements means SQUAT.
If the parties are not named then this is most likely ANOTHER STUNT to make SUCKERS think someone cares and have said SUCKERS load up on toxic stock that needs to be dumped.
The lawn guy, the janitor, the mailman, and the someone's cousin.
.007 TRADES!! LOWER AND LOWER AND LOWER IT GOES!
What a scam!
ALMOST NO BUYERS YESTERDAY OR TODAY. THE MARKET HAS SOUNDLY AND WISELY REJECTED THE LATEST BS!
LBSR always pulls out some kind of STUNT when the stock price is about to sink to an unacceptable level, either for the board members positions or the toxic lenders.
HOW MANY TIMES WILL THIS HAPPEN UNTIL PEOPLE STOP BEING STUPID AND FALLING FOR IT?
IT'S NOT WORKING!!1 .0008 CLOSE
LBSR always pulls out some kind of STUNT when the stock price is about to sink to an unacceptable level, either for the board members positions or the toxic lenders.
This latest one is nothing more than that, A CHEAP MEANINGLESS STUNT TO GET THE USUAL BUNCH OF SUCKERS TO PROP UP THE STOCK PRICE. That typically works for a week or two and then the price slowly sinks back down, causing the fools who chased to take 30-50% losses.
HOW MANY TIMES WILL THIS HAPPEN UNTIL PEOPLE STOP BEING STUPID AND FALLING FOR IT?
The Hay Mountain dog is NOT HUNTING! It has been shopped around and around for years and years to the mining community and there are NO TAKERS! THEY LOOK AND THEN GO AWAY! Let that sink in. NO ONE IS REALLY INTERESTED ENOUGH TO MAKE A DEAL BECAUSE THERE IS NO "THERE THERE."
Plus worldwide economic conditions will be slow for quite a while and that means little appetite to gamble on new projects.
You have to be smoking crack to think that there will some magical gold discovery.
ZOMBIE STOCK DEATH WATCH!
.0008 TRADES! HEADING BACK TO ALL TIME LOWS!
All time lows are almost certain when the next big toxic dump hits, coming soon.
TRIPLE ZEROES CLOSE - OMINOUS!
The recent happy BS is fizzing out and those who were foolish enough to believe it are now getting back out. SCAM ON STEROIDS!
TRIPLE ZERO BID!
TRIPLE ZEROES CLOSE - OMINOUS!
And this is what always, always happens when the BS fizzes out from those BS PRs, generated to help dump off toxic shares to the foolish.
TRIPLE ZEROES TRADING AGAIN!
Still have another 25 MILLION to unload since the toxic lender posts their avg price and that makes the tape show double the real volume.
Right on schedule some BS PR gets put out ("new claims... evidence of mineralization...") just days before LBSR's BFF toxic lender has to dump a boatload of stock.
What is this the 287th time they've pulled this stunt?
"Step right up boys and girls and buy, buy, buy. We have a huge new supply of shares for your buying pleasure."
It is a LOAN. The loan must be paid back before the maturity date. OR ( now pay attention ) the lender can forfeit getting paid back by converting the amount loaned out into equity, i.e. shares.
The conversion is WAY, WAY more profitable than just basic interest so expect a 50 MILLION SHARES DUMP AT ANY MOMENT!
“Meet the new boss, same as the old boss”.
BG was on the Board of Directors. What was his role and responsibility in that position? TO LOOK OUT FOR THE BEST INTERESTS OF THE SHAREHOLDERS!
Did BG EVER protest when JB was pulling his stunts that defrauded shareholders and endlessly diluted their share value?
Did BG RESIGN when JB was pulling his stunts that defrauded shareholders and endlessly diluted their share value? NO!
A board member IS NOT supposed to have any conflicts where their PERSONAL INTERESTS come before the SHAREHOLDER’S BEST INTERESTS.
Is loaning money to the company at 10 PERCENT INTEREST, know that shareholders shares will be diluted to pay that interest doing that? It certainly DOES NOT appear that way.
The very fact that you hold him out to be your hero and savior shows how little you know about these things and also how gullible you are.
I always love how the NEWBIES are always so excited. The big dollars of their new, soon-to-be, riches twinkling in their eyes.