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Liberty Star Uranium & Metals Corp.

Combining Classic Mineral Exploration with State of the Art Technology

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Message: White Knight

White Knight

posted on May 03, 2009 01:25PM

This might be an impractical or naive idea. But as it stands, this stock isn't going anywhere but down without some positive news. And with apparently no operational funds, positive news ain't coming anytime soon. The options include- do nothing until it goes belly up, wait for a white knight- which isn't very likely, - or the 10 B dilution, which is unpalatable for obvious reasons. One other possiblity is for us, the current stockholders, to be the white knight. It is my understanding that there are about 7,000 shareholders. To pick one figure- if many shareholders- with some special provision for payback and profit share- ponied up say $100 you would have a small fund of $700,000, which should pay for some hopefully successful geologic exploration activity. One could blow such a small amount on an evening out and is a pittance compared to what one might spend purchasing worthless stock-(such as LBSU, as it currently stands). If such activity resulted in even a modest rise in stock price, that $100 would be more than compensated for and if really successful, would enable a potentially huge return. It would be stipulated that the funds could only be used for exploration. - Just a thought- one that would have to be fleshed out in much detail and carefully organized- but at least an alternative.

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