Liberty Star Uranium and Metals Corp (LBSR)

[a1derfullife]

Thanks - actually life is not bad at all. :)

I picked up several hundred thousand shares at $0.018, in July of this year So far, I've sold half (1/4 at $0.06 and 1/4 at $0.105).
Makes me feel like a real big shot to buy and sell shares in 100K lots!

The question on LBSR is what will drive the SP higher. There are 3 things that I can think of:

1) Drill results - as I mentioned in my previous post, these are probably years away.

2) A financing and/or JV deal. This just happened. Another one is unlikely soon, IMO.

3) Speculators and momentum players rushing to get on board. I think this has already happened, and is one reason for the dramatic rise in the SP. Absent any fundamental news, these types will soon abandon the stock, and go elsewhere. Who knows how long the ride will last?

I'm glad to have made a nice profit on LBSR, and certainly wouldn't complain if it goes up further, but my guess is that it will roll over fairly soon.

A1