Liberty Star Uranium & Metals

Liberty Star Uranium & Metals Corp. (LBSR:PINK) is an Arizona-based mineral exploration company engaged in the acquisition and exploration of mineral properties in the states of Arizona and Alaska. Currently the company controls properties totaling approximately 26,011 acres (about 41 square miles) which are located over what management considers some of North America’s richest mineralized regions for copper, gold, silver, molybdenum (moly), and uranium.

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Re: long story short...

almost 8 years ago

in response to krm@0723's message

I think when JB started the PP offer, he was very optimistic and probably genuinely thought that, by the time drilling fees were due, LBSR would have filled and closed the PP. As I said, EC had listed four PPs that were all significantly larger. Those PP participants may have known that drilling fees might need to be paid. Back to "on the bright side"...maybe in the long run, it was better to pay those fees this way rather than selling millions of shares.