News Focus
News Focus
Followers 26
Posts 1423
Boards Moderated 0
Alias Born 08/03/2010

Re: None

Tuesday, 04/05/2011 9:30:45 AM

Tuesday, April 05, 2011 9:30:45 AM

Post# of 173288
I would like to add some shares at these prices...




...But I still don't know how much I will owe in taxes. The reason I'd like to buy now is that it seems unlikely after holding near .03 so long that we are likely to see the PPS go much lower, especially with permits pending in AZ.

My only real fear is for an overall economic decline that drives money from the markets. $5 gas and a natural or man-made disaster could spell trouble for a market that has only recovered because of a trillion in stimulus funding and corporations laying off huge numbers to streamline. Average Joe has not really returned to the markets despite the near 60% rally since 2009 lows.

Of course gold becomes more valuable in shaky markets, but we have to prove that we have some in the traditional sense before anyone will see LBSR as a hedge play. It is imperative that Briscoe and Co. get drilling underway, and pronto.

I hold my shares and will likely buy more, but I'm keeping my eyes open.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LBSR News