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Hurricane_Rick

05/04/11 7:01 AM

#55887 RE: Zenfolio #55886

Don't get me wrong... I am as invested today as ever in LBSR, but doesn't a report from 8 years ago anticipating LBSR hitting $7 if we hit new gold highs of $500+ make one question the reliability of the source?

I enjoyed the article from a historical perspective. Whether the analyst's (promoter's) price projections were accurate in 2004 or not means little to me, and I don't care much for the fluff in bold. However, there is a lot of good historical background on the company in that article, making it a valuable resource from a due diligence perspective.
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LBSR TO DA MOON

05/04/11 9:34 AM

#55893 RE: Zenfolio #55886

Don't get me wrong... I am as invested today as ever in LBSR, but doesn't a report from 8 years ago anticipating LBSR hitting $7 if we hit new gold highs of $500+ make one question the reliability of the source? In other words, it doesn't install confidence in their analysis of LBSR when we are sitting at .03 instead of $7, eight years later....

$7 in 2004 = $0.70 in 2011 (when adjusted for the 1 for 10 reverse split)

I'm betting we see $0.70 before all is said and done...
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Milo2

05/04/11 6:50 PM

#55941 RE: Zenfolio #55886

I'm with you Zen...JB fire yourself and hire a real CEO!! Your brilliance has brought us far enough...get 'er done with someone with saviness/speed at deal-making, marketing, and management prowess.
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moondoggy

05/05/11 1:10 PM

#55989 RE: Zenfolio #55886

Yes... though I like Briscoe personally, I have long felt we need someone more aggressive at the helm. Briscoe is a nice guy and nice guys become chum in waters full of sharks. Look at the HD boys. They get sh!t done. I like them on our side... if they are on our side (I don't trust sharks).
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sp_reader

05/05/11 1:38 PM

#55992 RE: Zenfolio #55886

If you bought NAK a few years ago, you could still be underwater.