Liberty Star Uranium and Metals Corp (LBSR)

[kudos2u]

This NR is NOT what the market was waiting...and waiting...and waiting...and waiting for...essentially since last summer!! We all essentially already knew that there was obviously a lot of potential here or JB and Team wouldn't have gone to the effort and expense of calling in SRK. This NR basically said to me, "Yep, there's lots of potential there." The market, and many shareholders are already up to their eyeballs in "potential" here, that's why we're here in the first place!!...it and we want it PROVED UP!!...at least SOME...ONE...ANY part of our holdings!!

And this NR basically says...MORE WAITING. But that assumes that there will always be unlimited time to leisurely get it done. And that I think is being and will likely be proven false. Time is money. We need to put drills in the ground, the sooner the better. And IMO our window of opportunity is NOT limitless. We're not even given any kind of a timetable for when whatever comes next in this slow-grinding process!! WHEN is the ZTEM going to be done?? Can't even "humor" shareholders and the market with some kind of outlook?...oh, does that put too much pressure on them and their creative geologic juices? They NEED to feel some pressure, IMO.

And I don't really care who disagrees (I know this will be fodder for the permapositives on the board...have at it), b/c I've already put my money into this very frustrating company, and haven't sold any. So I've paid my dues and will say what I believe (that isn't patently false), and would guess I speak for a lot of other shareholders that don't even post here anymore, as they realize that unless their posts are to-da-moon positive, they're generally treated as "second class." So be it.

But the market is speaking, and it is disappointed, and when push comes to shove to find liquidity, as in days when the markets are tanking, those shares that get sold off (to meet margin calls, or to take what's left of profits, etc) are the ones the investors find expendable for the moment. Those they keep are those they feel will likely turn around quickly. When it comes to LBSR, "quickly" appears to be nowhere in the vocabulary.

All JMO, and yes, I was disappointed by the NR.

Oh...almost forgot...rah rah to da moon!!...arrrrrrgghhhhhhh