Liberty Star Uranium & Metals Corp.

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Message: Re: talk me off the ledge
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Dec 02, 2018 01:12AM

Dec 02, 2018 08:59AM
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Dec 02, 2018 10:34AM

Dec 02, 2018 12:16PM
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Dec 02, 2018 01:06PM
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Dec 02, 2018 04:32PM

I just don't know. If we, as is hoped, and has been implied, have a few interested parties on the scene- it seems curious that JB has to go "on the road" to drum up more interested parties. One would have hoped that with 1. Making available the SRK report and 2. Now having the new claims- which not only, if as described, should be enticing in an of themselves- but, now being secured, frees the company to now share all information more openly than previously- it should make it more likely that a deal could be closed with those already interested parties. Not to nudge you closer to the edge- but- does this imply that we are further from making deals with those parties than we have imagined or hoped? Does it mean that there really aren't  "interested parties" after all? Does it mean that the new board member rainmaking skills have "dried up" already- all necessitating going on the road and on the radio to drum up new interested parties and even small retail investors? If it is really necessary, it is like starting from scratch and is indeed discouraging. And why the $10 million again. I understand why it is ideal to complete a full exploration campaign. And I've heard JB repeatedly decribing how all has been lost for companies because of an initial "dry well". But if your back is against the wall- and I think ours is- and all will go down the tubes anyway- then what do you have to loose by trying 1, 2, or 3 drill holes at much less cost. Cost efficiency is not the issue here if oblivion is the alternative. I do hope that VP and others' alternate explaination that this may be being done to prod already interested parties by drumming up competition and enthusiasm is true. Possible and I hope so. One thing is for certain- the current path of dribbles from dilutional financing is no longer a viable option and so something, one way or another will need to happen soon.

I have often, to my embarrassment, told friends and others whom I have steered to LBSR ( they are still friends- so far) that something is finally about to happen. And- of course- nothing ever happens. It has almost become a joke. I'm sure I'm not the only long time LBSR'er with this kind of experience. But I think this time we really are at a crossroads- and, unfortunately not because something good- like new discoveries are being touted. It is ironic, that we are at a point where there really is more good news and potential- the aforementioned new claims and the SRK report- but at the same time more mortal peril than ever before. It seems it is all coming down to this moment. I know JB has been most resourceful and ingenious over the years. And so- finally- I will have to come down on the side of expecting JB to pull this one out- for himself and for all of us investors. We will find out soon.


Dec 03, 2018 09:28AM
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Dec 04, 2018 10:12AM
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