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A shareholder asking a "probing" question like that usually gets kicked off. But Tracey did not disappointment, giving the usual "coming soon" or vague answer.
More vague, nebulous, fictional, conspiracy noise. No one cares whether it is possible somewhere else in the world, in some other stock. It is not possible for a some company to acquire a controlling in this stock, PERIOD. That dog will never hunt and so the reason being pushed IS PURE BS.
Detail precisely how the two company insiders giving themselves all the voting rights is a defensive/strategic move during or in preparation for discussions? Don't hide behind vague and fuzzy language. Detail how some potential partner(s) could buy enough shares to take a controlling interest. That's basically not possible so the reasons given for the SLEAZY POWER GRAB are total BS. But they do fool people like yourself.
WHO OWNS THE DAMN COMPANY?! IT IS THE SHAREHOLDERS! If they want to vote to go with some offer, IT IS THEIR CHOICE, THEIR RIGHT AS OWNERS TO HAVE THAT SAY. IT IS THEIR MONEY!
Such a SLEAZY THEFT OF OWNERSHIP RIGHTS with no real legitimate purpose.
About 5 billion shares outstanding and the company just gave themselves 10.5 BILLION votes.
Not a peep out of the suckers that the company just wiped out their voting rights. No say whatsoever in any and all shareholder decisions anymore. ZIP, NADA.
HOW COMPLETELY SLEAZY AND SCUMMY! SHOWS WHAT TOTAL AND ABSOLUTE DISRESPECT AND DISREGARD THEY HAVE FOR THE PEOPLE WHO HAVE BEEN PAYING TO KEEP THE LIGHTS ON THE YEARS AND YEARS.
So with the LATEST SCUMMY, SLEAZY STUNT, two insiders gave themselves 10.2 BILLION votes ((25,500,00 * 2) * 200) and WIPED OUT the votes of the SUCKERS AND IMBECILES who still still own this ZOMBIE.
The poor suffering FOOLS now DON'T HAVE ANY SAY WHATSOEVER in what is almost surely another vote that will soon be needed to raise the AUTHORIZED SHARED higher than 6.5 BILLION, or to do a reverse split.
They issued those shares to prevent Briscoe from trying to take back the company. BUYING ON THAT IS A FOOL'S ERRAND AND LIGHTING YOUR MONEY ON FIRE!
The only "predator" GB is worried about taking back/over this ZOMBIE company is Briscoe. That is the purpose of this stock.
In this case the kindling is money of FOOLS, catching fire and going up in smoke. POOF.
This is just being kept alive in ZOMBIE MODE so that a few insiders can loan them money at 10% interest.
DEAD, ZOMBIE STOCK
There's not a snowball's chance in hell of anyone still foolish enough to be in this stock of ever getting out with any of their money.
DEAD, ZOMBIE STOCK
"On Thursday, copper prices hit their lowest level since January 2016."
Not that there was ever going to be a JV for Hay Mountain, but this really puts the exclamation on that.
Multiple Expressions of Interest!!!
That has been played over and over the last several years and this is the most likely scenario:
An email or latter is sent to a bunch of the major players, "Hi, we have a claim that we believe could be very profitable. Are you interested in hearing the details?". And when several of them reply "Sure", they then post on the web site that they "HAVE MULTIPLE EXPRESSIONS OF INTEREST", knowing that some of the usual dupes and gullible suckers will buy more toxic shares based on the nebulous phrase.
The FICTITIOUS PARTNER in your imagination only and the climb will be only in your imagination too.
Stick a fork in this thing. IT IS DEADER THAN DEAD!
Worldwide slowdown in economic activity due to the corona virus means there will not be any big mining entity pouring into money into this ZOMBIE. Not that there was a chance before that anyways. Hay Mountain has been shopped around and well known to the major players for years. THERE ARE NO TAKERS and NOTHING IS GOING TO CHANGE NOW, or IN THE FUTURE.
DEAD ZOMBIE STOCK!
QUAD ZEROES BID. ZOMBIE STOCK
Chinese copper traders declare force majeure
"Copper traders in China, the world’s largest buyer of the metal, have asked miners from Chile to Nigeria to cancel or delay shipments as the deadly coronavirus outbreak hits demand. "
"A plunge in Chinese purchases would send shockwaves through the global copper market. The nation accounts for half of global consumption of the metal, according to the International Copper Study Group. Copper futures traded in Shanghai have fallen 8 per cent since the beginning of this year. "
Reality is setting in on the bagholder faithful. All the smart ones got out when LBSR was trading at .01 and events occurred that meant only one thing... CONSTANT, PERPETUAL, NEVER-ENDING DILUTION. And here we are in QUAD ZEROES RANGE. 99% DILUTION!
This ZOMBIE exists for only one purpose - to provide a 10% interest vehicle for BOD members. Once that is considered too risky, i.e. they can't dump enough TOXIC SHARES on the suckers to keep paying that interest, ITS LIGHTS OUT.
QUAD ZEROS - THE ZOMBIE ZONE
This stock is a zombie. The is no JV cavalry coming over the hill to rescue bagholders.
Copper has to be well north of $3 and there be a forecast for it to be at that level for YEARS for a major to start a big new US based copper mining project.With China starting to implode, that IS NOT GOING TO HAPPEN.
HAY MOUNTAIN IS DEAD!
Get ready for more "22% copper gossan" BS and vague, not possible to independently verify, hyperbole, to whip up the suckers so more TOXIC SHARES can get dumped on them.
"Copper crashes as virus chills the China recovery story"
Copper has NOSE-DIVED 35 cents the past couple of weeks as copper investors realize the hope that China would drive demand in 2020 and beyond are now DASHED, due the corona virus outbreak. Now there is a real chance that they could go into a multi-year recession/depression like Japan did at the end of the 80’s.
Resolute mine will supply 25% of all copper mined in the US. So what major will want to share profits with LBSR, knowing that in the future, a huge new supply will be coming online?
THE HAY MOUNTAIN DOG IS NOT HUNTING! PERIOD! END OF STORY! Only naive, ill-informed, low information suckers, will continue to snatch up their toxic shares.
Never ending TOXIC DEBT and DILUTION. The ZTEM results are WAY, WAY OVERDUE and that can only mean ONE THING and ONLY ONE THING - THE RESULTS ARE NOT GOOD!!!!!!!!!!!! NOTHING REALLY TO TOOT THE HORN OVER.
HEAVY TOXIC SHARE selling on the way so don't get too happy over this very temporary float up on the price. It will evaporate as it always does.
BIG TOXIC DUMP COMING SOON! Should send this close to the all time lows.
.0005 TRADES! 3 ticks away from the all time low.
Some real awesome share appreciation right there.
BID @.0006. 25% LOSS IN ONE TRADING DAY.
Gee what a familiar pattern. A rarely seen shill appears out of nowhere, pumps the stock, and just coincidentally right after that, one of the toxic sellers uses the pump volume from their "friendly helper" to unload onto the suckers.
HIGHLY ILLEGAL MANIPULATION!
Expect a compliance officer information request from your broker.
Closes the year @ .0006!! A lump of coal for bagholders.
.0006 TRADES! BACK TO THE LOWS
The spreadsheet better be formatted to properly display -100% :)
Notice how there is always some "stranger" who magically appears and posts pump gibberish? Then after the deed is done they disappear.
Chart action is virtually MEANINGLESS in very thin markets, on very thin market days.
NEWBIE
One company getting a permit. What's the next post, some team hit a home-run and they are World Series contenders?
ROFLOL! Super thin holiday market. When normal toxic selling resumes, the price will be right back down to .0005.
Good luck overpaying, setting up for a 50% LOSS IN DAYS.
And if that happens that will tell everyone THERE IS NOTING THERE.