Liberty Star Uranium and Metals Corp (LBSR)

[HKipp1]

Well, I think you're completely wrong there. Of course, Liberty doesn't have commodities to sell. And since it doesn't have proven hard assets, it's hard to say that this varies with the commodity prices. But since the market value is based in part on what investors anticipate versus the perceived risk, they are willing to bid more if those anticipated assets are worth more based on increased commodity prices. That expectation is what helps determines the pps. Obviously there are many other factors that determine the share price, as we've all discussed numerous times. But the expectation of the company's assets being worth more, because of future commodity price increases, is obviously a factor that positively influences investors and thus the share price.