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leifsmith

11/20/13 10:59 PM

#135165 RE: one4theroad #135164

I really don't get it. If great value can be secured by staking new claims to extend the ones already acquired, why not do it? And, why release information that would allow someone else to do it first?

For example, I'm about to drill one well for oil. I'm pretty sure I'm over a future major field. I have a few leases around the place where the well will be drilled, but my geology tells me that I need another few hundred to cover the entire field. Why would I not go after those leases? Why would I show my geology to others so that they could compete with me for those leases?
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Iceman

11/21/13 7:51 AM

#135170 RE: one4theroad #135164

"And we are to believe that crap FB post today put out by LBSR? Who's kidding who here?"
"Pretty disgusting how that FB post pertaining to LBSR has been removed from IHUB don't you think? Pretty dang convenient to say the least.
"

NONE of "the FB posts" have been removed from IHUB or on FB.

Don't know what you are referring to.
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WillyburgD

11/21/13 8:08 AM

#135172 RE: one4theroad #135164

"There are literally dozens of junior/explorers out there putting out data reports, core sample results, etc. yet they get little to no attention, with proven results mind you." Exactly. The market is, and has been for some time now, historically awful for explorers. Which is why, even though LBSR's claims are so promising, our share price remains so low. Were the market better, our claims would be much easier to monetize. As it is, we are stuck w/ a low pps and a limited ability to raise capital, which means we have to pick and choose our battles. So while we would like to claim additional lands, we can't right now.