Liberty Star Uranium & Metals Corp.

Combining Classic Mineral Exploration with State of the Art Technology

Free
Message: Why hold LBSR (about to be posted on the other board)

I agree with GOLD MAN. I feel the effect on the share price in the short term will be same, whether or not drilling is announced tomorrow, or a week from tomorrow. I say that because, in my opinion, good intercepts or a bust are likely to have the same near term effect. ...the long term, and very long term being different matters more of concern to serious investors (read JV partners/producers), not small time speculators.

In other words, I don't think short-term investors have to care about what an election will do to the share price. It's only drilling that matters at present, but that's just my opinion. ...thinking LBSR could as well fall further on a Trump win without drilling (which is not to say that a small short-term bounce isn't possible, it is, though I will not expect it).

Moreover, I'm feeling the longer we go now without drilling, the less likely it becomes we will see it at all.

Having said that, I may well be buying some small lots if the price falls a few points further. As it is, another few hundred dollars is not going to matter if all goes down the toilet anyway. On the other hand, I will not be able to resist a few more LBSR lottery tickets. ...my money to win, or lose.

Just the way I see things for now, and my senses can change with the weather, (which is giving us rain here for the moment).

VP

Share
New Message
Please login to post a reply