Re: Gravity on PPS
in response to
by
posted on
Oct 26, 2018 11:03AM
Combining Classic Mineral Exploration with State of the Art Technology
I can't find how the money is broken up with this chart, but it does show that Liberty spent almost a $million up to 2018, $1.5 million in 2017, $1.5 million in 2016, and $4 million in 2015.
That's a lot of money considering there is almost no staff, and no drilling has been done during that time.
This last year $636,000 was spent on "Sales, General and Admin" .. would love to see that broken down.
.. and $321,000 is in interest payments.
https://www.nasdaq.com/symbol/lbsr/financials?query=income-statement
I am one of those people that has been averaging down, but these two last bits of news, (buying up more land for how much and -with what money?) and the PPS down to 0.0003 that looks like it is going to go lower as the buying has almost dried up.. pretty well tells me that I've lost all my investment.
Such are the risks, but I won't be buying more.. and not worth selling either.