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Re: Crystalballz post# 51386

Thursday, 03/03/2011 2:53:21 PM

Thursday, March 03, 2011 2:53:21 PM

Post# of 173212
I don't think Alpha is selling period. If you review the case hearings from the lawsuit last year they claim that they were interested in LBSR from an investment standpoint, not to earn off of interest payments. I'm sure LBSR sold them on the potential of their pebble claims, otherwise such financing would have been near impossible to get at the time they did.

Those claims by Alpha could be just that... a claim to strengthen their case at the time. It could also be true and they might actually see the potential and want to be an investor since the NAK deal was put on the table.

It appears as if Alpha's turnover rate for selling the warrants is very low giving some merit to this idea. I think they are holding out for a much higher PPS as well.
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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