If you vote no, you will lose EVERY THING you put in because by Law company has to liquidate for not fulfilling contractual options!

However you can sleep easy...

As VP on other board said and I agree, Over 90 percent of investors with brains will vote YES.

Ask yourself... Why Did all these companies not succeed in your article?

What is LBSR doing?

Good night

Ok....

I will respond ONLY because I used to read your posts before I got into LBSR several years ago and they were not about Turds...

First you have all the posts for last 2 years you may want to catch up on...much due diligence scattered among many turd posts which you can Ignore!

Second read every NR by LBSR carefully and see what the company has been doing in last 5 years.

Third look at the NEW board of LBSR compared to the one it had at JV with NAK timeframe.

Fourth a Quick Google due diligence research about mining companies should produce some Gold nuggets sort of speak on what is involved in setting up a successful mine.

Finally look at company website www.LibertyStarUranium.com


After all that, you can reach your own conclusions on LBSR and invest only what you think is reasonable and Don't whine about it later.....Bad or Good.

I read that article.....


Therefore I have decided to add more of LBSR. ...

Thanks for the article.

Much appreciated!

ROFLOL!

There is a case to me made for both sides on timing of release of an Agreement.

Most likely is what you said after AS increase.

However, it has to be soon afterward before any new shares are offered for conversion by the company IF they have an agreement lined up.

Waiting longer would result in what we discussed earlier.

Sky is limit I believe depending on agreement.

We shall see...

Less than a year later an NAK agreement signed and a month before that a NR saying LBSR defaulted on its loan....

Certainly was an interesting year.

All NRS listed on www.LibertyStarUranium.com

Thanks.

This explanation makes sense to me.

it is the explanation laid out by us and the alternate explanation laid out by Eliscoming just for paying bills/operating funds just based on VWAP.

It is hard for me to imagine that Briscoe doesn't realize such selling of shares wouldn't result in a cratering of shares even below what we have now and raise very little cash. Also if takeover fears are concern at 2 million market cap then imagine what would happen at 200 thousand dollar market cap. This is what makes me agree with your ideas.

My point is LBSR will fairly soon, have to confirm this out in a public release to raise share price and cash and make new investors buy the shares and hold them.

Do you think the best time to reveal that is before or after the Authorized share increase is approved?
What is reason?

Thank you also for your contributions.

According to that link, Lbsr asked for authorized shares of 10 billion in 2009. But now a maximum of 1.2 billion. Was that vote for 10 billion rejected?

I didn't join lbsr until 2011.

If I understood you correctly, you think a JV might be done that will raise the share price and require that LBSR secure additional claims or nearby assets as part of agreement?


Furthermore, this AS increase is therefore also a hedge against another Different entity which would jump using a hostile takeover offer to the shareholders after the first JV is announced or after it advances further in future? In other words once they see results of drilling by LBSR and first JV partner, they would offer then a higher share price to shareholders knowing that the minerals are most likely there and can be extracted....

Is that explanation correct?

These are the two possibilities....

We will know soon....because the market decides everything here.

Thank you for your contributions.

That is what makes a good board free of Turds!

I agree that company warrants, Options, require an increase of about 150 million shares Not 5 billion!

The idea of selling another 800 million shares to Tangiers at even 0.01 is FOLLY!

At 0.0015 is Pure Madness.....it ain't going to happen!

The share price would crater as soon as selling starts in earnest with 5 billion to go...

Therefore

I have to think that Briscoe must have some news or agreement planned to raise the share price substantially! !! And to promote confidence in his plans for Hay Mountain


Otherwise, if no JV now, better to reduce all claims and reduce expenses. Then Private placements even if small can be used to maintain claims on Hay Mountain or accept a smaller deal instead of waiting for a dream.

The takeover talk is Nonsense. ..

We would vote as shareholders anyway before that and we can decide on pros and cons of any offers.

I also hope the same that you are wrong...

If you are correct then it is clear that LBSR would not raise even a fraction of a million before price crashes in face of this many shares...

If you are wrong then we need to hear that from the company of the plans for the Authorized share increase instead of guessing.. ..

Serious new investors will not waste their time guessing and need public information to calculate risk on.

I am talking about investors other than the longs who are holding including me.

I am referring to general market. If they believed that a JV is imminent they would have bid up the shares and even at 2 cents would be cheap but we are at 0.0017. Certainly no one without inside info would worry about a fraction of cent if they thought a JV is imminent.

Therefore if the JV does come it will result in an avalanche of buying until price stabilizes.

If no JV then investors, other than longs, have to assume there will be more dilution and how much determined by the company. It is not conducive to a higher share price...there must be a reason to buy enough to prevent a decline in share price.

I am long, and I like Gempicker believe it is wise to add, but we need much more than believing longs to hold the price in face of further dilution.

No one even those who bought at lows will make anything if price continues dropping with dilution.

As to voting, it depends on what happens before the vote, but I think we all know that wise vote is yes.

No one and I mean NO ONE In general market expects LBSR to succeed in securing a JV/Funding mechanism to develop Hay Mountain that is financially secure. ...

Therefore....

If they Were to secure this Funding which extends to phase 2....We will see a violent (good way) almost one in a lifetime reaction by the market in stock price....

This will be magnified by the quality and financial resources and market presence of the backers....

You mentioned possibly 8 cents speculative value about 80 million dollars at current share structure...No one knows....it could be Much more simply depending on the Quality/Finances of the Agreement....it would be a whole new ball game.

But first we need that Agreement worked out and completed.

Trying to sell shares by the company without this Agreement, after AS increase, will be near impossible to raise any real money at any reasonable price.

Exactly


This is the Mystery....


This is why I am saying what possible "Mystery" is there to prop UP the share price and prevent the Scenario you described....


The answer will determine the direction of the share price.


Unless some one has insider info....No One can say until Company lets everyone knows.


Since the BOD is intelligent and invested, I will go with your scenario you mentioned since you started posting....

Go LBSR

They do However make a large point in the SEC filing of the new Tangiers agreement for 8 million and specifically say that at 0.01 per share they would issue 700,000,000 more shares.

They also say they will need to sell shares for operating expenses and acquisitions.

they repeat that several times.

How is that possible at this share price is beyond me....and would result in tremendous dilution.....

so Something must happen that would raise share price and KEEP it raised or No one will buy these shares....That is a mystery....and the silence makes it more mystery


IMO

Thanks

Just saw it myself.

Don't know if it was there before...


But LBSR has an ad on the Agorocom website...
Regarding world wide growing demand for Uranium using classical exploration and state of art mining technology. ..it is like a header on top of page. ..

Just interesting. ..

That Hugh bidder must know something Huge on the way or is a Huge idiot......


Hmmmmmmm

Anyone see this...

Almost 21,000,000 shares on Bid at 0.0014 about 30,000 dollars that someone is willing to pay at one time for this Scam LBSR!!!!

Gempicker.....is that You? LOL!

Must be that iceburg!

Watch for the clowns!

Where are the REES???

Briscoe is a Big Bad Wolf!

Where is the ihub geologist when you need him?


ROFLMAOL! !!!

Don't frustrate yourself...

THE Ignore button is a Wonderful Invention!!!

Watch the Iceberg! !!

LOL!!!

Answering the first question....

FRAckers!...That's who!

:)

Nothing will change till January 20, 2017 if Americans vote for their economic well being.


Until then it just makes Hay Mountain much more valuable!

Clear as ICE

It is Clear as ICE what these posts are about!!!#



ROFLMAOL! !

I was referring to the cost of a vegetation study per drill hole site which is 2500 dollars per vegetation study. The cost of actual drilling in the ground is much much higher and needs funding.

On Agoracom a question regarding drilling was answered that an expensive vegetation study is needed in AZ.

The cost I found online for a single drill hole is about 2500 dollars and takes about 2 months. So many holes will require a Lot of money but can be done simultaneously and is reason LBSR is waiting for funding to be in place.

Many longs posted they are prepared financially and mentally if their investment fails since it is their own.....I agree!

Question is for those who believe the bashers and Sold or Not bought.....what will you do if LBSR succeeds and you missed it !!!!

Go LBSR

That is correct.

Explains many other stocks they list....Some very low capital.

However, one day if a deal is made, we may have Ameriprise holding much more of our stock whether through funds or through individual investors.

Thanks

I think Elis put the board members idea to rest by saying they have to report all additions to their stock holdings of LBSR within 2 days.

It is possible that when a deal is near that they would be given Stock Options issued just before the deal to reward their work....This would be a cashless exercise options similar to what you get at work. However, pointless to reward them now because the price is so low...Once Briscoe is sure of a deal that increases the stock price, the company can issue low priced stock options instead of compensation. It requires a Much Higher stable stock price which would increase more.

In other words....The Board members, unlike what some have posted, HAVE SKIN IN THE GAME, it is called their Time and Un paid Salary!

None of board members get anything and lose all their efforts and time if Company does not make a deal.....Good incentive!

Hi Elis

Is there a possibility that they may have added significantly more shares since this last filing and not yet reported?

When would they have added other than 20000 shares and when would it have to be reported?

Thanks in advance

You missed the point....

It's ok....

There are some who got it....

Good luck.

Ameriprise Financial has 177 Billion dollars in Total assets (stocks) held including names as Apple, and microsoft....

You can see their ads on TV marketing retirement plans regularly....

This financial institution is Not a Joke similar to Goldman or Principal group...

Why are they even considering LBSR....

Oh the things that make you say hmmmmmmm....

Maybe they think LBSR has play one on Ihub geologist and they fell for the scam...

ROFLMAOL! !

Everyone is in on the Briscoe deception....This includes

BRISCOE
Dr. Gilbert
US geological survey
ZTEM
Geophysical chemistry
Science
Geotech
NAK
And last but not Least
Common Sense!!!!!!

P.s. Feel free to add to above list!

ROFLMAOL! !

Hey Elis

What is a few miles among neighbors......


ROFLMAOL

The current value is based only on Speculative expectation of market that LBSR can Fail at JV. This is the reason price is where it is along with selling by note holders....

Once a JV is announced.....it is a Whole Different Ball game at LBSR....

The value after that announcement will Depend on so Many Variables.....Who is partner, how much, how quick, when drill, etc.......and of course drill results based on ZTEM. .... So Many Variables.....

None here posting can affect value....ands it will be New investors who will Calculate not speculate the value of the company based on business principles specific to mining explorers...and send possible buyout value. ...

5 cents per share maybe a starting point once JV started but I challenge anyone to Guess How High it may get....I agree once with deadjim in a much earlier post that many will sell out way too early but no one will know if that was possibly smart or not.

I used a calculation of Net Present Value based on a JV and preliminary results verifying Briscoe estimate of 25 cents even if 99% of Minerals given away to partner.

Only the future will know who turned out correct but it is not like anyone will lose once A JV is implemented..

About 35 to 50 million shares at VWAP of 0.003.

Valid point about A/S to at least cover all options by Law required.

Need a JV agreement announcement for removing the doubts of funding. Nothing will have the same impact. Price will go through all resistances.

To the detractors. ..

Laugh all you want...but You laugh best when you laugh last!

This is the Billion dollar question "by the 3rd quarter they will have funding in place"...Multi millionaires are waiting to see if LBSR will get it or is a Turd....LOL!


The coming weeks will show if the bottom was in....

I think this is case of the bottom started 3 days ago...

Where are the REEs?????? ROFLOL! !

I agree with you on this post!

1 million shares bought at 0.002 equals 2000 dollars....

Waiting and waiting for it to flip at 0.0025 is 2500 dollars if you are lucky to sell all the 1 million shares at once at that price...

Taking 20 dollar average cost of trades and an average 28% short term capital gain rate besides whatever state tax you pay let's say 4% then you made a grand profit of 500 - 180 = 320 dollars...

It is a profit just obtained by selling all your 1 million shares which you would have to buy again to make a similar profit...you just don't know when or how long to wait or of substantial news might come any moment.

Increase in price due to accumulation...The warrant holders running out of cheap shares and company getting money in private placements...

No significant debt...

Price copper going up at 2.93 now

Uranium at 36 dollars...

Maybe some will flip....I'm not that good at timing as I posted earlier many months ago...but I think I know the final result will be same.

Did you mean authorized shares not R/S?

Reverse split will not happen. Market Capitalization more important than absolute number of shares.

62 million options/warrants are still available. Any exercise of which whether cash or cash less IMMEDIATELY puts money in LBSR pockets while fulfilling their requirements under law to fulfill their options. However this can ONLY happen with a much higher share price. The lowest options are at 0.004 and most on the cent and higher range.