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SGR, just playing devil's advocate here. But what if this SRK study comes out and it is favorable. The stock goes up somewhat. Then no action anywhere for a while. Nothing new at Pebble/BCSP. The usual nothing or environmental issues at the mysterious North Pipes. No news from the traveling guys. Do you think it could flounder there or, as especially new buyers become disenchanted or impatient, it could go back down to present levels as many take their profits and bail?
I just added Jessica Elba to your equation because I am going to ask her on a date when i am rich. I hope you don't mind me adding.
SRK+MLV+NAK?HDI+Charles D. Volmer+ZTEM reports+Nord=
$$$$$$$$$$$ + Jessica Elba
I believe last time the stock began climbing slowly up, it was BEFORE the actual announcement of the Northern Dynasty deal. For what it's worth. In other words, I think you may have something there!
and let's hope that energy independence and security act recently mentioned has some effect on the decision in Alaska. Incidentally, I know from writing ads for a copper mine in Tucson that each wind turbine needs one TON of copper to build.
Also, excuse my ignorance...but who are PERT, ACSM (ASCM?) and AUTO? I don't have the Level 2 so I am puzzled. And are they investment companies that are allowed to buy penny stocks?
Speaking of seat cushions, kids drawers and cans...when LBSR was .002 not all that long ago, I would pick up a penny on the ground and say "That's 5 shares of LBSR."
Oh I agree SGR and thanks for the advice. I can't believe I started buying this stock based on a short conversation with a Liberty Star Gold employee at a Christmas Eve party in 2006. And now with all the great DD on this board, it looks like it may turn out to be good decision; maybe a great one. Although I almost wish I would have learned about the company a few years later and avoided all the shares bought at 50 or 40 cents--now multiplied by 4 after the reverse stock split--and started buying at about the .002 level! Thanks again for the optimistic but realistic feedback
Well, SGR, it certainly seems that the worst is over and that many positive things are converging now. If all these events happen close together or even if one allows other positive developments over time (like an infusion of capital in Tombstone allows action at Big Chunk)), I can see LBSR being a spectacular performer. But what makes me (as a chronic worrier) feel comfortable is that even if, say, only two of these developments come to fruition, we may all still have lots of money.
I will be fine wth a jump in June but would be satisfied with a Jolly July.
Oh boy and I want to be there when you guys go up to some women in Vegas and say "would you wenches like to join us?" And seeing how they will probably be talking with rich people, they will probably say "arrrggh. of course."
I know you were kidding about the sleeping pills but I still can't wait to get to the Vegas party and tell you my story from last summer about getting a little too excited about this as it went from less than .002 to .19. Every penny that LBSR went up, my account(s) went up $36,000. Let me just say that I was...breathless! But I am mentally prepared this time, so bring it on!
s4s, love your lucky 7 but I have a question on #7. Let's say for the sake of argument that Pebble does not get approval or takes a long time to get it. Someone here mentioned a Couer d' Alene mine that fought enviromental battles for 10 years. Why would Northern Dynasty let LBSR go? Many have mentioned--including XYZ's reference to anadramous waters--that the LBSR claims appear to be more Bristol Bay/salmon friendly. Do you think Northern Dynasty would sweeten the pot and be a part of Big Chunk? Thanks.
Funny, I was thinking along the same lines. It occurred to me recently (and this may be too obvious but humor me) that the signing of any financial deal on something of value is really a function of price. In other words, with Larry Liang and others traveling around the globe looking for partners/capital, it seems almost impossible, with something as promising as LBSR, that there would be NO potential takers. So someone, maybe in China and maybe others too, is now at the price bargaining stage. Sure, another party may be moving slowly to wait for evidence like the SRK study before they commit. But maybe LBSR is the one holding out for a more advantageous price from some potential jv partner. That might also explain why part of MLV's job is to determine the value of LBSR claims. I sure would like something to happen soon though.
Sure thing; and XYZ's post after mine was really informative. Also had a good vocabulary word, "anadramous" which relates to just one of those many unpredictable puzzle pieces previously mentioned about LBSR; namely that Big Chunk might be more likely to get approval faster than Pebble because it may not affect Bristol Bay/fishing. Who knows? Maybe a bunch of people who are against Pebble might "allow" Big Chunk (or Bonanza Hills?) as some sort of compromise. Pure conjecture...but stranger things have happened.
I tried to communicate the answer to this to a friend last night who I think was going to dip his toe in and buy $5000 worth of LBSR today. One way to look at it is that, even though actual mining may take a while, there are a bunch of really promising and positive factors. The imminent SRK final report for Tombstone. The Z-Tem results in Alaska that seem to have impressed some big players. The signing of heavy hitters like Chuck Vollmer and MLV, (and that doesn't even include Othon and Liang) out in the world telling the LBSR story. Also who knows what surprises await RE: Silver Bell, North Pipes and Bonanza. So as I told my friend, just my opinion,but if just one of these factors turns into something big or even the PROMISE of something big, the share price will move. And there is a very, very good chance that more than one of these puzzle pieces will come to fruition soon. There are people posting on here who are much smarter than me, and all this is just my own rationale for putting quite a bit of my money in this over the last 4 years. In other words, my opinion. Good luck.
Wow, KY gets a kewpie doll for post number 60,000! That is a lot of posts. Can we hope that by the time we hit 65,000 posts, we will also hit 20 cents? Thanks for all the great answers to my Silver Bell question.
RE: Silver Bell...I've been wanting to ask someone this for years and since your post mentioned the property...On the LBSR website, the last line of the section on Silver Bell says, "The claims currently are within the Ironwood National Monument, which was established after the claims were staked." Is there a message between the lines here? Is that a big negative? thanks.
Don't feel too bad. I just went to my piggy bank last week and bought a bunch at .051 and about 10 seconds later, it was down. (may be exaggerating a little bit). But very soon...
To a certain extent I think number of shareholders is a measure of interest in and knowledge of the stock. For example, if I heard that there were 500 shareholders in 2008 and 3000 today, I would think that was generally a good thing.(I know the accumulation of shares by a smaller number of people like many of us may have the opposite effect.) OK, I admit, it also makes me feel better if I think the good word is getting around!
No I am glad you are revisiting this because I thought the topic got dropped and I was still puzzled. I mentioned that I alone can account for nine shareholders and someone else said here they can account for, I think, five. 75 just does not make sense. Although I do think the posters here have a very big percentage of the shares and quite a few are holders of significant amounts.
I also have a hard time believing the 75 shareholder thing. I have personally had 5 friends buy shares and one of those friends knows a few other people who own shares. That's about 10 right there! Plus, when I went to an annual meeting in Tucson in 2007, I bet there were 75 shareholders there. And I think it would be safe to say that more people know about this company now. That observation that TDA would count as one shareholder sounds right. Does anyone know for sure?
How would day traders really make any money anyway? Wouldn't they have had to bought quite a while ago when prices were lower AND be able to trade enough shares to even make it worthwile? In other words, would a day trader even bother to buy at .04 and sell at .041 on 5000 shares? Am exaggeration just to illustate my point. I really do want to know the answer to this; it's not a criticism of your post Amigo 777.
This board is good for my sanity. I bought 130,750 today at .051 and then it went down. Very irritating. Then I read a few optimistic but realistic posts and I talked myself down off the sill of my window. Even though it is only on the first floor anyway so I would have just twisted an ankle. Thanks for the positive and constructive posts.
Good advice, SGR, thanks. I do have an order in for .051 just in case. I might raise that a bit.
My feelings exactly on the non-buyer's remorse at .03. Can someone make it go back down to .03 just for a few minutes? Please? Anyone? Anyone?
Yes, thanks, that was a great post and XYZ just added something about AZ copper that was really good too. I just wanted to kind of point out to the poster that mentioned "wavering" that these adaptations that Liberty Star has gone through are actually good things based on changing conditions out of thier control.
RE: the wavering, I have to say that some of the change in focus over the past few years, to be fair, was out of the control of Jim Briscoe and the other board members. For example, when I started buying in 2007, the name of the company was Liberty Star Gold. Probably because of the environmental issues in AK, they changed thier focus--maybe a smart decision--and became Liberty Star Uranium and did a little drilling in N. AZ.. Now for reasons outside their control again (which smarter people than me on this board can probably expound on) LBSR seems to be focusing in the Tombstone claims. But as I said, I think it could be argued that all of these moves were for a reason and actually showed they are not rigid in their thinking as various factors have changed. All just conjecture, but possible.
I thought I'd break up the fish feud in the last few posts with a little poem that sums up my LBSR relationship for the past few years:
Should I treat myself to a nice new car?
Or buy more shares of Liberty Star?
Should I spend all my money traveling afar?
Or keep loading up on LBSR?
Yes, I'll buy every share I can afford
And then hope and pray for that big reward.
The end.
Thank you both for your service in Viet Nam.
I hope you don't mind an opinion from a new guy...but I think, to put it simply, they get less of a commission because with the annex list, they are working with a "warm call" list. When they go out and cold call and find someone, it is more work and so they get the full commission rather than the 50%. Possible?
Thanks Milo 2. Send me a bill for that advice. I actually have a story about having to be taken in an ambulance to the hospital last summer in the big run-up. I will tell you at the big party in Vegas.
May I ask if one of you Indiana folks was at the annual meeting a couple years ago? I went to one and was the only one there except for a really nice guy and his very nice mom who had driven all the way to Tucson from Indiana. (There was a much bigger annual meeting a few years before that and I was talking to a guy from an investment company who actually seemed pretty nice. I've often wondered if he worked for one of those much-hated companies discussed here.) OK I'm rambling. Sorry. I'm only on here for 4 days and will already have to go to one of those addiction places to break myself of the LBSR iHub habit.
Please tell me you are kidding around. I just posted a while ago something that suggests strongly that the reputations of Jim Briscoe and Dr. Guilbert in the mining business are impeccable. They are considered not only "brilliant" but also very straight up guys. Out of the hundreds of scenarios that could happen and all the possible paths this could take from here, I am certain that the one that becomes reality will not include any shady or questionable dealings that leave shareholders feeling betrayed. And I am not even going to add "IMHO".
Wow, thanks s4s for one of many great posts here. I am only on my 3rd day on iHub and already see people newer than me so word is getting around. I started buying in 2007 so you have me beat there. A personal note: a couple years ago, I started having second thoughts about all the money I was putting into this company. So one thing I did was show a guy at my gym who used to work for the Arizona Geological Survey a list of the LBSR board. He looked at it and said, "Oh Jim Briscoe! Great guy, really smart and very honest." And then "Doctor Guilbert! He is brilliant!" I've also had lunch with Jim Briscoe and one of my 4 friends that I sort of talked into buying shares and I found him to be really helpful...really believing in what he does.. with some great stories about carrying guns to do assay work in Alaska because of grizzly bears...but always careful about making any promises or forward-looking statements. That is one reason, I think, that we don't see as many press releases as some would like. But I think that is a good thing. Thanks again to all the great Sherlock Holmes work here. I can't wait to put faces to all the names at the big party which I hope is coming soon.
I tried to project on what this news would do to share price yesterday based on a precedent from a number of years ago. (and I mentioned this in my first-ever post yesterday). The stock, then under a different symbol and before the 4 for 1 reverse split, was trading at about .22 or .23. Roughly. And seemed to be going down. Then there was an announcement about exploratory drilling at North Pipes in N AZ and the stock shot up to about .38. It was a false alarm and the stock meandered down from there the last few years until the big move last summer. However as was pointed out by EE and I agree with...yesterday's report and the one to follow soon will be a lot more impressive than the drilling in N. AZ one was in 2007 or whenever it was. And (and this is only a guess and there are a lot of people way smarter than me here who might have more informed opinions) it is not unreasonable that this news will put us on the radar of people who will see this, do some research and see what is going on in Alaska...and new buyers will come in. These new buyers might say to themselves, "Hm. 5 cents a share? This looks like a good gamble. I'll throw a few grand at it." Well, just a mental exercise but it is fun anyway. Good weekend. Remember our vets.
Hi Yellowstone...your biggest problem MIGHT be whether to sell your 80,000 at 10 cents or stick it out and see if it goes higher. That is a forwrad-looking statement and nothing's for certain but that would be a nice problem to have. Congrats.
Thanks Amigo 777. I will definitely go to Vegas and I live in Tucson (and have met JB 3 times)so that is easy. I have been in Liberty Star for three stock symbols--a long time--so I am hoping this get-together is coming some time soon.
Yep. Actual minerals. That's why I just signed up. To get directions to the party that may be coming soon. (I'd say drinks are on me, but, then, I will probably be partying with a bunch of recent millionaires, so no need for that.)
EE, I assume you are referring to the rise after the company had a press release about some exploratory drilling in N. AZ. At the time, the stock was trading at about (I say "about" because I think it was at least 3 years ago and myabe even more) .22 to .25. After the PR came out, I think it went to .37 or .38. I did not sell and it went down and down. Does that answer your question? Note that I am NOT equating that scenario with what is presently happening. Totally different. As many here say "AIMHO."
Long time reader, first time poster. I thought I better join so I can get invited to the party--although I don't want to jinx anything with early irrational exuberance. I have had it myself before--once when LBSR (a different symbol then) announced some drilling at Northpipes afew years ago. Anyway, thanks for keeping me sane the last 5 or 6 months. Oh and by the way, I saw someone estimate how many shares ihub members have. I have a feeling it might be slightly more than that estimate.