Liberty Star Uranium & Metals Corp.

Combining Classic Mineral Exploration with State of the Art Technology

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Message: Re: Markets

Nov 06, 2014 02:21PM

The bounce in mining stocks continues. While LBSR is up somewhat at the moment, it remains within it's months old trading range, unlike others in this sector, which are disheartingly lower - very bullish for LBSR, in my opinion. Encouraging, too, in my opinion, is that LBSR is holding value in the face of decreasing average volumes. This suggests to me that the company is in strong hands, with lots of holders unwilling to part with shares.

If my ruminations are correct, it also means that the company will be at least not too likely to suffer damages from tax loss selling this season. Even mildly encouraging news, then, should push us higher.

http://finance.yahoo.com/echarts?s=^XAU+Interactive#{%22range%22%3A%223mo%22%2C%22lineType%22%3A%22combo%22%2C%22scale%22%3A%22linear%22%2C%22comparisons%22%3A{%22GDXJ%22%3A{%22color%22%3A%22%23009999%22%2C%22weight%22%3A1}%2C%22LBSR%22%3A{%22color%22%3A%22%23cc0000%22%2C%22weight%22%3A1}}}

VP

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