Saturday, May 02, 2015 12:58:59 PM
So accumulation has been occurring while there is an acceleration in clearing all notes. The pace will leave them with just the 8 mil Tangiers funding agreement within a month or two.
Nice partner to have on board, kinda like a placement agent I'd suggest. Wonder who is getting those shares??!
Wonder why a bump from 5 mil, to 6.5 mil to 9 mil in exploration plans. IMO, there will be a coalition funding the drilling by this fall all with options to participate in part or all of phase 2, future and the property may split into projects, possibly.
With LBSR at a mere 3 million mrkt valuation after historically being in the 10-25 mil range and with insignificant debt, it is very plausible if not probable a 1000-2000%+ rise under a JV/funding drilling announcement. Even IR alluded to this... :)
Seems like prospective funders can participate in cheap LBSR equity as well as fund HM drilling and have a scenario where they achieve equity into the HM project at very minimal risk with reward being potentially enormous..
I am a buyer every week, would like a few months more of accumulation, if not oh well.
Recent LBSR News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/25/2024 07:05:32 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 10/25/2024 04:15:09 AM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 10/11/2024 10:13:41 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/01/2024 07:27:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/16/2024 09:29:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/11/2024 10:08:33 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/06/2024 03:02:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/26/2024 06:41:04 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 07/26/2024 09:00:19 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 07/16/2024 02:37:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/10/2024 08:12:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/10/2024 08:11:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/09/2024 09:21:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/18/2024 09:31:01 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/14/2024 08:30:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 08:34:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/21/2024 10:10:34 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 05/15/2024 09:04:56 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2024 10:13:24 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/26/2024 06:43:08 PM
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