Liberty Star Uranium & Metals Corp.

Combining Classic Mineral Exploration with State of the Art Technology

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Message: Re: Reality in Mining
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Aug 23, 2017 11:43AM

Aug 23, 2017 12:18PM
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Aug 23, 2017 12:19PM
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Aug 23, 2017 01:22PM
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Aug 23, 2017 01:30PM

 Fair question. The problem is that a company can also go out of existence, or effectively go out of business, if it indefinitely keeps selling stock. Do you really want to see your lbsr stock go from whole pennies, to tenths of a penny, to hundreths of a penny? Do you then want to experience the pain of a futile RS? There comes a point where decisive action ought to be taken, even at some risk. The risk is quantifiable. Risk can be evaluated and priced. My concern is that JB is not willing to accept a fair pricing of the risk of drilling HM based on the current data. He wants to eliminate risk, even if it takes forever. But I could be wrong. I like JB.

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