Liberty Star Uranium and Metals Corp (LBSR)

[HammerSun]

Here's my take on today...and funding

Financing is the main issue, paranoia has set in and many are bashing creating fear that LBSR is broke. I don' think so... not by any stretch. I think they have something lined up (perhaps with SAGE) to keep them funded and when news is finally announced, the market will smile.

Now we have an actual drill plan in 90 days for Hay Mountain/Arizona which is better than where we were at before today's PR. Let's see if NAK pays the claim fees for 2012 on our Pebble claims. If so, that is going to be good news. Also, the company has many options to monetize their business activities, from dilution, to partnerships, to joint ventures. We are far from dead in the water. And with a miniscule market cap, dilution doesn't bother me if it loads up the piggy bank. We just need to survive until permitting begins on the PEBBLE.

I also think that Othon is gone because he wasn't needed anymore. When you can't help the company anymore, your services are no longer needed. He probably did try to see if anyone overseas had any interest. It is a tough market for all explorers. We may be in the mix with the rest of them, but the question remains, do we have more to offer? I still think we have a lot more than most.

Thanks for the shares below .019- as I keep taking what the market is giving. Same old story- it's taking forever but it still looks worth the risk.