Sounds like you are indulging in yourself and have already accepted a conclusion that you must "make work" simply because you got called out. Nice try though...
what about the moly, copper and ummm. oh yea the gold in the ground what potential affect does that have on the share price? people like you always need reminding what the big deal deal is about pebble and big chunck. the excitement about the gold is driving the price up. when the news comes and the price goes up what are you going to say then?
Wow. You obviously have no idea what you are talking about and are extrapolating data without all of the information. Your figures are wrong. VERY WRONG.
I am calling you out on your analysis of NAK as well then. Please, I would love to compare your analysis of LBSR with other Successful exploration companies. Foots in your mouth?
Extrapolating the worth of the entire property from what a small percentage sold for is flawed.. for example Nova gold had a similar event happen..During the debacle of 2008 their share price dropped so much that when the debt came due they essentially sold 1/2 of the equity in the company to raise cash to settle the 20 million (aprox)..The CFO was fired because they could have sold just a few million shares to raise the cash just a few months earlier.. The share price since then has risen from .37 cents to over 7.00 dollars..
Was 1/2 the equity only worth (I think they raised) aprox 40 million in the sale
The answer is NO.. Net worth now is in the billions..
This is just a similar fire sale to get the default taken care of..