posted on
Apr 08, 2015 02:42PM
Liberty Star Uranium & Metals Corp.
Combining Classic Mineral Exploration with State of the Art Technology
Message: Share Prices
Yeah, share prices have been terrible, and look even worse than ever today. All I see, however, is a lowering of shareholder sentiment among some. To say this reflects market fundamentals is to say the market is alway right (as some people like to say), but this does not reflect the fact that nothing much has changed here. ...and if the "market were always right", prices would never change - doesn't make sense.
As far as we know, talks with prospective investors continue, and NPSP is still on track to close in the next couple of months, or so. Risk has always been high here, but it's not really getting worse, only market sentiment seems to be.
At this point, buying the stock (or buying more stock) is a bet against what the market seems to be saying, not against fundamentals which have not changed, or not in so far as we can know.
Besides, volume is back to meaningless levels, as I suggested would happen.
...all in my opinion.
VP
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