Liberty Star Uranium and Metals Corp (LBSR)

[HammerSun]

Sit back and relax...

have a cup of Joe with the morning paper and know your wait will be rewarded. Everyone has an opinion about LBSR but it is evident that anemic volume says that very few will sell as this bottoming base has been forming for months. You, me and others know that news is slow to come by with miners, but when it comes and it is positive, the stock rockets higher.

I bought for the long term and have been adding at this 3 cent range with funds as they roll in. Even though I am down, but not out, my cost basis has steadily been lowered buying here at the bottom.

I think even dilution, if it does happen, won't be a death knell- it will be done only if the proceeds are for a grander plan. We know two things are coming- the NAK judgment and the SRK report- see:
Liberty Star Uranium & Metals Corp. (the “Company”) (OTCBB: LBSR) is pleased to announce that Liberty Star has contracted SRK Consulting to produce a NI 43-101 style technical report covering the company’s Walnut Creek Tombstone Porphyry-Precious Metals Project.

Under 20 million market Cap- nothing tells me this is not still the place to be.