Replies to post #45776 on Liberty Star Uranium and Metals Corp (LBSR)

[austin wells]

no i'm not saying your wrong, mind you i have only had my brokage account since '09 but the reason i said what i did is because a lot of companies like nak who we know is not genrating any revenue from production have a nice market cap and i'm not sure the purpose of R\S. the only time companies do that is to push up the price. now i own a company called ondine medical i use to own 35000 shares at $0.04 there was a reverse split 1:15 now i own 2333 shares $0.75 same value. now the company said they did it to promote the stock and get the share price moving all that happened so far is the stock trading lower, so i'm thinking in our case the stock might move so high on the potential of our claims that the company might issue more shares to keep the price reasonable like a lot of large cap companies. berkshire hathaway for instance. the B shares use to sell for over $2000 dollar warren buffet and the company decided a R\S was nessesary even though he didn't really want to do it and now it trade for $70-$80. make more affordable for more investors

[king yukon]

SUPER, I do hate to play my cards. Be that as I may, let me say this and believe me it is fact. In BRITISH COLUMBIA CANADA, there are probaly 20 super mines, mines that have above 5 million ounces in gold. also these mines are rich in the other ores silver etc. My point being is that once these mines have "PROVEEN UP" their ore resources, they have become worth on the order of $100. to as low as about $30.ooPPs. Let me tell you that these are companies that have never mined even 1 ounce from the ground, only core drills. Also that they have in the vicinity of 200million shares down to 120million shares on average,lots of DDing. SO LISTEN here is what the MKT will do on PROVEN UP ores for LBSR. 6/7 PEBBLES in LBSR=7Xs the multiple of NAK at the FMV, which is now like $78.pps,per 1 annalist. That IMO: is a low price range compared to the GOLDEN TRIANGLE of BRITISH COLUMBIA,thought I was BSing right. GOTO GOLDEN TRIANGLE and do your DDing! Then come back and post to me exclusively. NAK in PEBBLE has tones literally more that the GOLDEN triangleBC. SO where does that leave "LBSR"(?) ANSWER: many Xs the PRICE of NAK,once we prove up. The equations dont balance out on $78.PPs. IMO: "LBSR" could collectively value out PPs @ conservative of $300.oo inclusive BCSP NORTH,BH, BCSP SOUTH. Be a realistist or an annalist any way when you see the GOLDEN TRIANGLE and do the math you will get $300. PPs as a lo side,also bear in mind that these are CANADIAN companies, NAK & HDI, so the PPs is in line with 43I-103. Do the DD and you will say KY GOTCHA!