Replies to post #129241 on Liberty Star Uranium and Metals Corp (LBSR)

[courtpuppy]

only time i've ever agreed, but it does say something that the Private placements had to be done at sub-penny.

my point is why would the stock still be near $.03.

50% drop almost has to come or MORE to reflect the PP.

[wshaw14]

If the answer on the total financing package is .008, the math is flawed. You must use the shares issued, not the shares registered when doing the division. Total $ received divided by the shares ISSUED. Where the warrants are involved shares/3x2 because 1/3 of those shares will not be issued until paid for.