Replies to post #38549 on Liberty Star Uranium and Metals Corp (LBSR)

[HKipp1]

Excellent question. And one to which no one has a good answer. There is actually more positive news and more to anticipate now than during the summer. More potential deals in play for example, rising commodity prices, more activity- ie ND ZTEM of Bonanza Hill, and so on. As good an idea as any is that there is massive MM manipulation- at the current relatively low volumes- you can see it where every pps rise is countered and brought back to a specific price- and you can also see there is strong buying interest, where the pps is brought back from every dip- but just not enough volume to overcome the MM lockdown. And why is the price being held steady by the MMs? Much speculation, but it most likely it involves the MMs working on behalf of interests who are positioning themselves and accumulating cheap shares in anticipation of the inevitable run up to come when it all comes together. Which is just another reason to be confident in the future of LBSR. It just requires more patience.

[Belgianshareholder]

Confirmation is all we need... ;-)

[nvl_22]

I'm just guessing here. I think the real hold up caused by lack of CONCRETED positive news. A lot of DD on this board pointed to positive JV, but many others still considered these messages as "speculation." I believe they don't want to take any risk. I guess they rather be safe than sorry. If you screened for stocks using conventional criteria, you won't find LBSR on it which lead me to believe that we're not well-known by the public, yet.

[Hungry]

IMO the JV has not been announced because LBSR is now in a stronger position than they were at the inception of the negotiations.

Earlier in the year, LBSR was trading at fractions of a cent with no real way to generate operating capitol.
Since then they have proven the ability to do so.

Briscoe has had the foresight to stake claims that will be worth billions. He sat back and let the NAK/Anglo's of the world bear the brunt of funding the ecological and infrastructure studies.
He also guided the company through a time of extreme difficulties in the financial sector.

Some say he is printing shares to benefit his friends...
I say he is raising capitol to maximize his bargaining position.

I am not concerned with delays to preconceived time frames from shareholders whose main agenda is to sell their shares so they can buy Christmas presents.

The rules have changed and IMO we are almost at the point where Pebble may need us more than we need them.....

Briscoe has proven to be patient, with an eye toward maximizing shareholder value and I trust that he is continuing to make decisions with that goal in mind...

[ValuePro]

Kindo, a public company can not be seen as spending money on anything that can reasonably be expected to go bad, if it is not normal business for them. Negotiating deals with a company that is in court or facing a law suit is not normal. If they worked a deal without the legal issues being settled, and guess wrong as to the outcome, the entire board of directors is subject to being tossed out and/or subject to a huge class action law suit.

As to your other questions, there are thousands, if not tens of thousands of mining companies, and not that many people investing in mining, certainly as compared to the last major bull market in the late 1970's. Also, LBSR remains under a black cloud for lack of substantive progress, huge dilution, shady association related to financings, and past legal issues. This history is a red flag to many.

Further, as again as compared to the late 1970's, all lot of investors are not convinced that the bull market in metals is for real, or will be lasting.

Hopefully the green flag will soon be raised for LBSR and the promise that most of here hope to see will be realized.

...still lots of risk, though. Don't bet the farm.

VP in AZ

After word - What's the hold up on JV? Who says there is a hold up? Think! The more complicated the deal, the more parties involved, the longer it takes, especially if one party can entertain offers from outside those in the JV talks, as is the case here.