Replies to post #9112 on Liberty Star Uranium and Metals Corp (LBSR)

[familyof5]

At this stage though it is more than worth the gamble wouldn't you say.

[moondoggy]

That is why the earn-in agreement is so important. People should read the most recent 8k and 10q. Also, to gain a better understanding, they should read the links provided to important posts that discuss this topic. Those links are provided in the top sticky.

[GreyGoose_69]

Hmmmm, I think this is why many people bought in the sub-penny range, and will also buy at this range, because it is somewhat of a gamble. Apple and GE may not be as much of a gamble, and thus your upside potential would be rather minimal, would it not?

But if the 3 cherries line up, this could go up over a dollar. It's easy to go on each penny stock board and say that no such thing is ever going to happen. But every so often it does. And people see things in the filings that give them pause for optimism.

So really, why do people invest in penny stocks? Nothing is a sure thing. But LBSR is about as close to a sure thing as one can get.
Look at it this way. I want this to go to a dollar. Maybe it will only go to 50 cents. Even there, many of us will be "rich". And yet, even it this only went to 8 cents, I don't think any of us will cry about that, except for those who would end up the bagholders. But I'm thinking much more positive than that.