Replies to post #154126 on Liberty Star Uranium and Metals Corp (LBSR)

[gempicker]

Question:

Why has director Gross dumped a significant amount of cash and time into LBSR?

A: Surely not to watch his investment diluted away

It is so logical and spelled out in PRs that they have shallow targets which can be developed at minimal costs. Logically, this would be a good place to start with HM drilling. Define shallow resources. Beyond plausible that there are other entities with good potential that could benefit from a partnership with LBSR. Is it reasonable to speculate that the expansion in share structure is for this purpose. Would love to see an acquisition with a nice property and some cash attached to drill test HM shallow targets as well as the acquired property. This seems like a potentially good strategy..

Potentially lucrative for investors at this level as well. 2 million mrkt cap can easily become 20,40,60 million with these types of drill programs forthcoming..