Replies to post #44078 on Liberty Star Uranium and Metals Corp (LBSR)

[Crystalballz]

I understand SS, but here's the problem- In the current scenario of "waiting", no company is in a hurry to incure the equally currently inflated Heavy mining costs (equipment/labor) on new mines with the anticipation Gold prices will still be @market (where it is today) down the road when the gold is actually extracted from the earth..

On the day gold is finally extracted, the costs to produce that gold won't be in a favorable timeline of overhead costs vs. gold prices.. the Gold market will have to correct itself before any new "real" mines are undertaken, Gold Price has match O/H costs..

[dragonball]

yup, nothng has really change but time.

i can wait. as long there is inflation fears and gold goes up!

sooner or later NAK caves or we get surprise new Big Player!!

YIPPY SKIPPY!