Replies to post #99641 on Liberty Star Uranium and Metals Corp (LBSR)

[bishai]

Yes, I agree Hawk. FH takes bankruptcy off the table so others don't swoop in and buy up the claims on the cheap, but it comes at a very high price.

[gempicker]

I agree. It is there to lock-in whatever deals/plans that are on the table. It is a fall-back option (if necessary).

[jtyler]

Same as i stated agreeing with you, that FH is really the LAST resort. It is there to give comfort to shareholders and the company that bankruptcy is not on the table and not being considered. It also tells us that the claims will progress which then tells me that more hills to play and make BIG money just don't buy in the highs unless you got an exit plan in which you still profit just not as much. Do not buy at the ass of the mountain .10 =)