Liberty Star Uranium and Metals Corp (LBSR)

[deadeyeca]

FACTS about Briscoe's Liberty Star . . .

Zero revenues ever
Zero earnings ever
Zero proven reserves ever
(-3,246,000) in shareholders equity (negative book value)

That equates into the following financial metrics . . .

Price/Book (oops, sorry, answer is infinity)
Price/Sales (darn, sorry, answer is infinity)
Price/Earnings (omg, sorry, answer is infinity)

2004: 38,500,000 shares outstanding
2010: 434,784,657 shares outstanding
2011-on: Can anyone guarantee me that Briscoe has completed his campaign about diluting his long term minority shareholders? Warrants, options, Alpha, Platinum, more to come?

Zero ounces of uranium drilled from AZ
Zero ounces of gold/copper/moly drilled from AK
Zero ounces of anything else/anywhere else

Briscoe has lived off the long term minority shareholder for almost a decade. Using above numbers I'm surprised I hear arguments about 'no intrinsic value.'

Deadeye, an underwater, long term minority shareholder