Replies to post #87771 on Liberty Star Uranium and Metals Corp (LBSR)

[WillyburgD]

Here goes: Say on draw #1 they buy 34M shares from LBSR. Great. Forgetting the discount, let's just say LBSR gets about $1M and Fairhills gets their shares. Looks like that amount of shares would put them at just about 5%. SO - they sell their block of shares (or some portion thereof) into the market. PRESTO! They can now buy additional shares from LBSR, giving LBSR the proceeds (at a discount) and continuing to hold or sell the shares as they see fit. Repeat.