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Message: LBSR "gamble"
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Sep 29, 2016 02:44PM

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Oct 06, 2016 03:13PM
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Oct 06, 2016 03:27PM

Here's another part of the wish that could be important or not. Personally, I believe there is a good chance that LBSR will, at some point, be a great story like Hemlo. However (using my smaller scale again) you could do the PP for $150,000 so you're not risking a lot of capital. This means someone with money, not my standards. If the share price goes up just on news of drilling or maybe early readings, you sell all those shares immediately and more than pay for your PP. Then if LBSR comes up totally "dry", you are out with a big profit. And if drilling confirms JB's opinion and "proven minerals" are found, you have all those warrants you can exercise.

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Oct 06, 2016 06:27PM

Oct 07, 2016 11:18AM
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Oct 07, 2016 11:23AM
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