News Focus
News Focus
Followers 3
Posts 409
Boards Moderated 0
Alias Born 10/06/2010

Re: amigo777 post# 82853

Tuesday, 12/20/2011 11:13:55 PM

Tuesday, December 20, 2011 11:13:55 PM

Post# of 173282
I agree drilling will be exciting, but funding is the name of the game here IMO.

Take last summer for example, JB released the Ztem summary as cash was all but exhausted. Maybe an effort to attract any last minute deals before he accepted the Nak offer. The pps didn't do very much and we continued to run out of cash. But when the lowball deal was excepted not much later, we skyrocketed.

Here we are again, running out of cash. JB has taken the Hay mountain and BC claims down the line as far as he could with the cash brought in, and has secured our remaining claims. Now he releases info once again as we come to a point where we need the next round of financing to advance the claims.

Point of reference, it was a month and a half after releasing the Ztem summary before JB accepted the NAK deal.

JMHO
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LBSR News