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king yukon

01/16/12 7:01 PM

#85749 RE: gempicker #85745

HAHAHAHAHAHAHA! GEM, you are singing my song!
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MarketGeometry

01/16/12 7:11 PM

#85751 RE: gempicker #85745

trillions ? Nothing has been proven YET. Everything is speculation at this point. Only reality is 25 million is needed for driling. That means dilution. So you have negative three million book value means -.004 per share(Assets -liabilities). If they increase the OS by 2.5 Billion at .01 price they can raise 25 million. They could issue prefferred/ convertible shares or debt. It will basically have to give way more of shareholder equity to debt holders(if any reserve is proven-Else everyone is screwed)



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Fernace

01/16/12 8:24 PM

#85763 RE: gempicker #85745

Indeed. Hasn't the market spoken about LBSR and JB? Sure it has Gem. Look where we are today.
Market says that we are trip-zero-headed.

Wait and see.
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Milo2

01/16/12 10:05 PM

#85810 RE: gempicker #85745

Simple analysis of the "value" of LBSR: at the climax of pps around 0.19 (after $10M JV announcement with NAK) --even with double dilution due to A&P pay-off, we should be at 0.10.

Okay, even discounting JB's dubious leadership, are we really only worth 0.02??

Not! We go much much higher from here!!