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Re: MineAllMine post# 106321

Saturday, 08/18/2012 6:03:35 PM

Saturday, August 18, 2012 6:03:35 PM

Post# of 173212
I definitely think it's possible those with a high number are doing exactly what you're saying. Think about if you were in that situation where you already owned more than 50k worth of LBSR, it makes absolute financial sense to do it. Even if you didn't have 50k, but you were close to 50k, the warrants would still be a motivator to sell and get a private placement.

I could be wrong but because of the reason above I find it hard to believe anyone here claiming to have millions of shares unless they've done a private placement. Of course... unless that person is too nervous to sell their position and wait for the private placement to go through. I suppose that's the risk they'd have to feel comfortable with.

I for one would do it but my holding isn't worth 50k. If it were, I would without a doubt. Wouldn't you?
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