Liberty Star Uranium & Metals Corp.

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Message: Share Sales and Price

Good questions, my friend.

I think the answers may be in the fact that low volumes create distortions that do not often lend themselves to understanding.

In other words, without an active market what seem to be price trends are meaningless, as are selected groupings of trades at any point in the day. Note that a million share trading day for LBSR is about 1/10th of one percent of outstanding shares. Now compare that to Newmong Mining, a "blue chip" gold producer. It trades, I think, around 5 percert of ourstading shares daily, so it is much easier to understand both fundamenally and technically.

Having said these things, I can guess the market kind'a likes LBSR over the most recent several weeks. While it's peers are crashing, LBSRs share price remains within a somewhat flat trading range. Again, given the volumes, this could break strongly in either direction at any time.

That's the way I see it. Hope this helps.

VP in AZ

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