Followers | 26 |
Posts | 1423 |
Boards Moderated | 0 |
Alias Born | 08/03/2010 |
Wednesday, November 24, 2010 3:02:05 PM
I researched a bit when I first became aware of LBSR, and was encouraged that there was not a wealth of info on the web at first glance. Underexposed can also mean undervalued, so I kept looking and found the nice pile of DD here.
But these days, the same search I did back then quickly brings up litigation and court records, and red flags appear for the new investors. Unless they push on and find things like JV announcements, ZTEM data, geological data of the claims, title transfer listings confirming JV follow through, and the list of giants signed on with PLP, they likely will see this as even riskier than other micro-caps, and they'll move along.
Having seen the info, the longs here can be reasonably sure that this is much less risky than other micro-caps, and indeed much less risky then LBSR itself was before the JV commitment. That said, there is plenty for the pedestrian observer to avoid here at first glance. That is likely the reason so many of us will get ground floor investment leverage and feast for years on a few K thrown at a company holding giant claims on a giant deposit. It is also the reason we are sitting at a sub-nickel. The info will be revealed, but it will take time and many shares will change hands along the way.
We have recently seen insiders take options at higher than current prices, in the same time that private placement brings the potential for institutional investment. I know we all feel like the dog with a biscuit balanced on our nose while someone says "Wait for it...".
Just decide how much you want before you sell. If it's under $20, I imagine you'll likely get it if you are patient.
Recent LBSR News
- 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 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 05:46:26 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
- Form 8-K - Current report • Edgar (US Regulatory) • 02/15/2024 07:20:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 09:17:20 PM
SANUWAVE Announces Reverse Stock Split, Note and Warrant Exchange, and PIPE Offering • SNWV • Oct 18, 2024 9:31 AM
Vocodia Addresses Recent Stock Price Movement and Future Strategic Partnerships • VHAI • Oct 18, 2024 9:00 AM
Mass Megawatts Announces the Start of an Online Discount Solar Energy Equipment Business with Revenue Recognized for the First Time Since Year 2010 in this Fiscal Quarter • MMMW • Oct 18, 2024 7:32 AM
Unitronix Corp Advances DeFi Innovation with Tokenized Real-World Assets Integration • UTRX • Oct 17, 2024 7:38 AM
Mass Megawatts Commences Solar Energy Sales Efforts • MMMW • Oct 16, 2024 7:45 AM
SANUWAVE Health Announces 1-For-375 Reverse Stock Split • SNWV • Oct 16, 2024 7:40 AM