Replies to post #43368 on Liberty Star Uranium and Metals Corp (LBSR)

[amigo777]

Crystalballz - I am afraid you are wrong here..

"Ok but that doesn't apply here, because what's in the ground has already been thrown into the markets eye and it has reflected what it believes is true value with todays pps..."

This is something yet to be revealed. The market is expecting the results. Even the old drill results for White Sox is not priced in right now my friend. Nothing, absolutely nothing is priced in right now. JMHO.

[leifsmith]

It does apply here. What I see in the cores pulled out by our imaginary driller is much more than many others see. Therefore I think the "proper" price is much higher than the current market price. Therefore I am not selling any shares. Eventually, I believe that the market price will rise to the price that accurately accounts for the properly understood information that is available.

[techtrade]

It takes earnings and revenue, neither of which LBSR is generating yet. That's why the share price is so erratic, it's hard to know how to value a company based on potential alone. Until some fundamentally game changing news gets delivered, this is probably going to be a better trading stock than a buy and hold in the near term. That said, it's always possible that kind of news is just a day away so as much as I'm willing to trade some shares of LBSR for quick profits, I always have a core position that I won't trade so I won't sweat it if news comes out and I'm not fully loaded.