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Thursday, January 22, 2015 5:59:53 PM
...and I've grown a bit tired of watching management punt from their own end zone. This last registration notice reads like people who think the entire world can wait for them to get their ducks in a row.
While I have no doubt that manipulation plays a part, I have pretty much lost faith in this company's ability to push a deal through. The last NR also reeked of excuses made for non-progress. I just landed a new job that would give me plenty of cash to scoop up cheapies. Not gonna happen. I refuse to reward the level of performance we've seen here since 2010.
Prove me wrong, Briscoe & Co. I've given you enough time and money. No more. If you can land a deal, I have more than enough shares to make it worth my while. Not one more penny will go into LBSR as we careen toward 80% of the A/S being issued. Show me you can finalize a deal on NPSP and maybe I'll reconsider. Right now it looks like we'll be voting on whether to increase the A/S by 2016, unless of course management decides to lather-rinse-repeat the current shareholders with an R/S.
Recent LBSR News
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