Liberty Star Uranium & Metals Corp.

Combining Classic Mineral Exploration with State of the Art Technology

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Message: Two thoughts, and a rhetorical question -

Some few keep asking why LBSR can't raise a measly 2 million dollars for drilling. Note here that 900-1300 Canadian "zombie" companies can't find money to stay in business.

http://business.financialpost.com/news/mining/small-cap-news/tsx-venture-exchange-overrun-by-more-than-900-zombie-companies-critic-says

Attempting to drill a blind mineral target in this market is only slightly better that trying to find money for a "wildcat" oil drilling project, but as prices rise, the situaltion for commodities (and drillers) in general should improve. On that count, the "oil patch" must be feeling better with POO being up strongly in recent weeks.

http://finance.yahoo.com/echarts?s=^XOI+Interactive#{%22range%22:%223mo%22,%22allowChartStacking%22:true}

Does this look like inflation from currency debasement, or is it akin to inflation from rising demand from industry, ...both, something else? Time will tell.

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