InvestorsHub Logo
icon url

PURA VIDA

10/09/15 11:43 AM

#157368 RE: MineAllMine #157367

Hello MAM, I bought back in at .0014 and sold back off at .0016 when the little chart blip I thought would happen did not.

I currently just watch the stock on level II along with 4 other stocks I currently am trading.

I hold zero shares right now.

I am concerned that LBSR may run out of time. If the share price continues to decrease, the price that they can convert to Tangiers goes down as well. This in turn provides less capital for monthly expenses or developing any trading partnerships.

I just don't see a "lot" of hope, but of course there is still some.

I don't think you will find a single investor willing to put 5Million into LBSR at this point. The saying is "USE OTHER PEOPLES MONEY"
UOPM !

Time will tell..... but with Tangiers constantly diluting shares, I don't see things improving very soon unless some J/V or quasi-partnership develops.

icon url

gempicker

10/09/15 11:50 AM

#157369 RE: MineAllMine #157367

Hmmm...

What you are describing is essentially a hedge.. Albeit amounts beyond what is needed to kickstart more inexpensive shallow drilling campaigns...

What facets would be included in such maneuvers? Accumulation? PR strategy? Corporate structures perhaps???