Replies to post #87746 on Liberty Star Uranium and Metals Corp (LBSR)

[Liveingreenbay]

Someone is investing ten million dollars in LBSR to pay salaries? Who are you kidding! NUTS!

[WillyburgD]

Why does it have to reach twenty cents?

During the draw period, they can put shares to the lender at various times. And w/ the S-1 in place, Fairhills can liquidate these shares into the market. Which then opens capacity for Fairhills to have additional shares put to them.

They just can't have more than 5% OF THE O/S AT ONE TIME. But they are free to sell shares and continue financing.