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LBSRtoDollars

05/17/13 12:04 PM

#124099 RE: crazybadger #124095

we're limited in the number of shares we can issue to FH based on a multiple of our average daily volume... it's impossible to issue 100,000,000 shares and get a big sum of money... or not so big these days... it seems like the company feels it's best to dilute and wait, hoping for things to turn around in the juniors market... it's painful seeing the amount of dilution we are going through just to keep the lights on and go absolutely nowhere... tracy and company have a strategy of trying to make it feel like we're moving forward even though we're not, by posting pictures and statements about hay mt., non-news NR's, and the like... they are in a bind, but need to put on a happy face to the shareholders so we don't exit the stock en masse and completely crash it, ending the LBSR story... to me, this whole mess is completely avoidable simply by selling the rest of big chunk for 2.5 million dollars or more (which should be easy)... that would give us enough money for ZTEM and all the scout holes we need to drill... i even sent JB an email a couple months back respectfully suggesting that very idea... i never heard back, and that's fine... i don't need to... i just hope the bug i put in his ear is still flying around in there... maybe then we can all get rich instead of going under holding on to an unnecessarily large portfolio of unexplored properties... but JB thinks otherwise, so we watch helplessly as our beautiful ship flounders and sinks needlessly... it is a painful life being a LBSR long... JB has probably taken at least a couple years off my life in the stress his decisions have brought me as a heavily invested shareholder...