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courtpuppy

06/13/14 9:52 AM

#141255 RE: 1papermaker #141247

so briscoe announces an ambitious (and totally unrealistic) drilling plan a few days before meeting with potential investors.

That doesn't strike anybody as trying to prime the pump.
No place in the release does he estimate the cost of this ridiculous plan.

Substantial and he obviously couldn't find anybody in AZ to go along.

Unless he is offering profit sharing in exchange for money to drill does anyone care to imagine the cost of drilling--and lbsr has no money of their own to do so.

How much dilution would it take to drill 2 holes?
3, 10, 41? c'mon. no way this big announcement is anything except trying to puff himself up before meeting in the mideast--if that even happens.

What keeps this stock above a penny is watery gruell