Liberty Star Uranium and Metals Corp (LBSR)

[JoeBobBigPaw]

Yes, it is dated, which is the point they were trying to make. LBSR has been saying the same thing for 8 years.

"Properties seem to have potential but management truly does not know how to operate and run a junior resources company. They have had "targets" for years.. yet haven't done any significant drilling. During the course of almost 9 years (since company inception), the share price has been cut by 98%, Briscoe has increased share count almost 20 fold and has shrunk the market cap to 1/5th of what it was. In addition he barely made it out of bankruptcy, sold almost half the property for pennies and botched a potential JV with Northern Dynasty Minerals.

This is the history of this company. FACTS which point to a poorly run company full of promises that will probably never deliver. Good management is VITAL to the success of a junior resource company and this company clearly lacks it.

I initially invested in this company because of the Northern Dynasty JV potential, but after Briscoe messed that up along with selling off properties and promising to drill but never delivering, I sold. Glad I did. Suckers are still trying to pump this so they can sell for less of a loss, but don't buy into it. Don't buy into what they say or even I say. Do your own due diligence and check the history... it all points to HUGE potential, with empty promises and an inability to deliver. To put it simply; management sucks."

I have to say, I tend to agree with him/her