That's true, the mining stock I was referring to has already made to the PEA stage, and only referenced new technology that possibly can be used for a near surface ore body, so I may have been premature in my apology

An apology to JB is in order from me and possibly others I think, the concept of using the equipment he mentions to mine a shallow deposit has been explored by other mining companies that I consider to be legitimate companies with deposits that are real and proven, so I retract my criticism

TA has pretty much been useless on low volume penny stocks that can easily be manipulated either up or down
One of the first lessons you learn and the reasons why its true if you want to learn how to trade stocks, very basic stock market research if one chooses to do it, very basic, however not surprising here where even the rudimentary things are trotted out to support a bad investment

This could go on awhile, with the AS shares at 6.5 billion i can see this easily going another few years, I kinda feel for the loyal posters, some who have been here 10 years or more, and it looks like you can add at least 3 more years, if patience is a virtue many here deserve a medal

That's what he should do, however he's already committed to the toxic sellers he'll keep it going until every last bit of shareholder equity is drained out this, then he'll discard them and start over with a new group

I wonder will he finally put this on a hiatus and stop playing with the few loyal investors he still has, I said it when I first came here, there's no financing for a project like this, the honest thing to do would be to shut it down like some other CEO's who are dedicated to creating shareholder value and wait it out for better times

I wonder will he finally put this on a hiatus and stop playing with the few loyal investors he still has, I said it when I first came here, there's no financing for a project like this, the honest thing to do would be to shut it down like some other CEO's who are dedicated to creating shareholder value and wait it out for better times

Goldman Sachs predicts global supply storm in the copper market
Got copper, you may not want to if they are right
I can see why JB is hawking Hay as a gold play now, probably has read the forecast.
New copper mine development is probably the last thing the smart money wants to invest in now, so good luck with financing

It's a lifestyle stock now I believe and he'll pretty much do whatever it takes I'm sure, plenty of perks in a business despite the claim he takes no salary, and is lauded for deferring compensation
Remember he has almost 5 billion more shares to play with, which should get him into retirement easily.

Interesting post on the company board as to why the NPSDP claims were not renewed, my question is if they recognize now that there is a moratorium in effect and the claims are probably lost forever to mining because of it, then why did they participate in the hype concerning NPSDP when it was mentioned by some that the claims were un-mineable because of it then, I find it an interesting post, and another example of spinning anything JB does as a positive, when anyone without blinders could cleary see it was another example of hype without substance

Yeah mentioning the wizard of Oz should be avoided here, we all know about the man behind the curtain, and what he turned out to be, rethink that analogy

I'll buy the IPO, they've nailed it here, who knows it could be profitable cleaning up the sleazy mining sector, so called investors need to know

Yes, but for different reasons, reality is the only way to wake some up from a dream, my bet in theory is that all of the smart money that has seen the goods and have taken a pass and said "no thanks JB" are correct, there's nothing compelling about Hay mt or the level of investment JB is demanding is not worth it, so let's drill

Yes you are, however the study in psychology is what keeps me here, I've learned a lot, however the insight from your post has been an unexpected bonus, I've been out of the markets pretty much since fukushima crushed uranium stocks, however since CCJ is making new lows I think it's time to build a new position in those stocks over the next year or so and take my own gamble, so thanks to all of the dreamers its been helpful

However the ethics is another question, but when your short on cash you have to do what you have to do to survive, if the claims expires, drilling on them would be impossible, how could you drill on claims you don't own, if someone were to scoop them up the Hay Mt dream would be dead, for LBSR anyways

I see no problem with him using money from the PP to pay bills as they come due, don't know whether there was a caveat in the PP that money for that can only be used for that, only the participants would know, otherwise it's one big pool of money and if he has to return it within a certain time period, I still see no problem with him using it, as long as he returns it, money back, is money back, when and if the time comes

I will defer on that also, however I've run a biz for years that SUPPOSE to have designated special accounts, but I can move money around at will as long as I set it up, no one checks to see how much is in it at any given time, so yes it's one big pool of money I believe, and when the PP was offered my thoughts was he'll use it for whatever is needed when it's needed, it's perfectly legal though, and I believe, with no proof of course, LBSR did just that, as the NR stated all claims were paid, you don't have to report where the money came from

Lol, when all else fails, hurl insults and retreat to the company bunker board were all dreams are possible without challenge to there veracity

That is your very best case for LBSR, shares don't vanish into thin air, volume is low considering the OS count, however someone is selling and someone is buying is a fact that can't be disputed

I beg to differ, but there's was a direct correlation to people playing Pokémon Go and the spike in Nintendo stock price, but I hope your not saying it wasn't and I'm not fully understanding your point, because for shorts and longs in Nintendo stock it clearly was

Unfortunately, and I mean that in the most sincere fashion, you are wrong, Pokemon go has accomplished something for the smart money, the stock spiked 30% so if you were quick and aggressive, it was a great trade on the way up as well as on the way down, brokerage accounts are fatter because of it, and that's no dream, it's a reality you can bank on, pun intended

What about the 100 billion or more Hay Mt prospect, those who are left really believe JB has the mother lode, even ghosts are starting to stir with excitement
The science seems proven, the risk seems good, all that is needed is the drills to start turning and it'll zoom a 1000% , and if that's isn't something to dream about I don't know what is, so go JB, take those drills off standby and let's get it going

If your right and the theory is sound insults are not needed, if one was to present a scientific theory to any organization for review, the insults or digs toward any fellow colleague would disqualify the paper without any further review

Communicating with ghosts, now that's an interesting investment strategy, well I guess every other thing has been tried here, so why not, hope the spirits are with you

He stopped using the term because he planted a seed in the minds of the hopeful, so in a sense he doesn't have to beat that dead horse, just watch it grow, as it has

Hence the name passed over prospect

Snake eyes landed long ago, look at the pps, however hope springs eternal

Do u think that's a good idea? If so why

Wish you the best of luck this time

Down about 80% since I arrived, but what do I know I'm just a basher of a good stock who is consistently wrong, so count me as part of the missed parade, so glad I missed this one

You know make mining stocks great again wishes

No everyone went to the Republican convention, lol

Yes that would cause a problem with the drilling campaign

I answered that in a previous post, it's either the Saudi sheiks or the Phillipines bigwigs gobbling up these cheap shares, it's a precursor to the JV, maybe all of the junkets JB took has finally paid off

However the secret Asian JV partner is accumulating all those cheap shares before the drilling campaign begins or was it the mid-east sheiks, remember that story

That acme degree of yours must has some value to it, after all the great an honorable JB finds it worthy of responding to you in his expensive podcast
I think he's cemented your credibility once and for all here to the angst of many I'm sure

Congrats or should I say I told you so, he mentioned you in the recent news conference, said u accused him of ginning up gold, he reads this board or someone tells him what has been said, keep up the good work

True, but if had realized it wasn't and open forum probably wouldn't have used it, however no warning, just all post were deleted, and I was told I was not allowed on the board anymore, the dialogue here is more open, and honest about the future of the company and its prospects, wouldn't go back if I was invited anyways, could've always used a different computer with and alias if I wanted to post there that bad, but hearing all sides is good for the small investor

On the financial side of the business anyways, which is more in tune with my knowledge of stock market

It's a pejorative term I agree, but it's what the experts in the mining business use where this sort of thing is common, I didn't make it up, anyone with experience in the mining business has heard the term and know what it means