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Re: austin wells post# 45775

Tuesday, 01/18/2011 6:35:42 PM

Tuesday, January 18, 2011 6:35:42 PM

Post# of 173216
I foresee a reverse split ONLY if it is needed. Perhaps you may be right. With trillions of dollars of possible assets, we could easily see the stock price hitting above $10 once drilling provides reserves. I am speaking of all claims owned by LBSR. I feel that instutions will be loading up after LBSR reaches one dollar. However, the voting power of institutions that own LBSR will remain to be seen. For now, institutional investors of NAK own 16.55%. For LBSR, if institutional investors have more voting power than everyone else, then I suppose instutions may be able to run the stock on their own terms. And with so many shares outstanding, institutional investors may have the chance to purchase a large percent as subpenny buyers cash in. These are my thoughts, however, I am not saying I am right. What are your thoughts on the matter? Am I wrong on this? Give me your thoughts.
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