Friday, August 05, 2011 1:34:57 PM
Some good points of your own, ky...
But...I (and the market) don't need JB to "yell out" everything. We need him to lay out some kind of a timeline. What's next and when and with whom and how are we going to pay for it? People here seem to want to believe that LBSR is the best kept junior mining secret of all time and holds such treasures of the universe that that somehow exempts us from doing what all juniors have to do, but then people will believe whatever they need / want to to make themselves comfortable with their decisions. That we've put up with it and stuck with LBSR doesn't make our modus operandi a very good one.
I try hard not to do that. I believe that JB needs to do what junior mining companies all need to do, and that is to have a well thought out plan, share that plan with shareholders, and then pursue the plan as closely as possible. Within that framework, we know there will always be bumps in the road and detours, but at least there is a timeline and a map to getting to where we want to go...and a TARGET that we want to get to next. Up to now, shareholders in genl have hardly ever known exactly what we're working on next, when, how, with whom or with what money, in what kind of timeframe. It's just not very stable, IMO and in my experience, which is not small with mining juniors.
In terms of where this financial disaster has come from, you don't need to look at Europe. California and 4 other of our states are in worse shape than the entire country of Greece!! This has been a joint "effort" by TPTB of the Western banking world, and Europe's problems are our problems in spades. And I won't go there beyond that here.
GLTY...jt
But...I (and the market) don't need JB to "yell out" everything. We need him to lay out some kind of a timeline. What's next and when and with whom and how are we going to pay for it? People here seem to want to believe that LBSR is the best kept junior mining secret of all time and holds such treasures of the universe that that somehow exempts us from doing what all juniors have to do, but then people will believe whatever they need / want to to make themselves comfortable with their decisions. That we've put up with it and stuck with LBSR doesn't make our modus operandi a very good one.
I try hard not to do that. I believe that JB needs to do what junior mining companies all need to do, and that is to have a well thought out plan, share that plan with shareholders, and then pursue the plan as closely as possible. Within that framework, we know there will always be bumps in the road and detours, but at least there is a timeline and a map to getting to where we want to go...and a TARGET that we want to get to next. Up to now, shareholders in genl have hardly ever known exactly what we're working on next, when, how, with whom or with what money, in what kind of timeframe. It's just not very stable, IMO and in my experience, which is not small with mining juniors.
In terms of where this financial disaster has come from, you don't need to look at Europe. California and 4 other of our states are in worse shape than the entire country of Greece!! This has been a joint "effort" by TPTB of the Western banking world, and Europe's problems are our problems in spades. And I won't go there beyond that here.
GLTY...jt
Recent LBSR News
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