Replies to post #47956 on Liberty Star Uranium and Metals Corp (LBSR)

[fred88]

The gold bubble will not pop so long as we are 14 trillion in debt and growing ( 50 trillion with social security). Fiat currency is in trouble.

[ValuePro]

"To start mining today you have to look at the commodity prices 3-4 years from now."

What? Where do you come from! No one can look forward to what prices will be 3-4 years from now for such a decision. Forecasted income can only look from present values.

What happens is, preliminary economic assessments, and feasibilities studies look at a discount to present metals prices for development decisions, and they use a discount in case prices fall from present values On that basis, and that basis alone do they put a shovel in the ground.

Forecasted prices would lead to all manner of corruption, no?

Geez!

[ValuePro]

"To start mining today you have to look at the commodity prices 3-4 years from now."

What? Where do you come from! No one can look forward to what prices will be 3-4 years from now for such a decision. Forecasted income can only look from present values.

What happens is, preliminary economic assessments, and feasibilities studies look at a discount to present metals prices for development decisions, and they use a discount in case prices fall from present values On that basis, and that basis alone do they put a shovel in the ground.

Forecasted prices would lead to all manner of corruption, no?

Geez!

[maplescott]

So, back to LBSR pps... No I don't think it's affected by today's commodity price at ALL, but it's always fun to dream

CB, Thank you for your opinion. I hold a different one. I believe that if commodity prices suddenly tanked, then the perception of LBSR's potential profitability would likewise suffer and its pps would most likely reflect that new perception.