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Bullboard - Stock Discussion Forum Liberty Star Uranium & Metals Corp LBSR

Liberty Star Uranium & Metals Corp. is a mineral exploration company. The Company is engaged in the acquisition and exploration of mineral properties in the state of Arizona and the Southwest United States of America. The Company controls properties, which are located over North America's mineralized regions for copper, gold, silver, molybdenum (moly), and associated metals. The Company's lead... see more

OTCQB:LBSR - Post Discussion

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Post by ValuePro on Sep 10, 2020 10:40am

Nothing here

IMO, management here is inappropriately experienced, and lacking in understanding of marketing a prospect having a blind target.  This is illustrated in the fact that they are focusing on trying to bring in a partner for drilling by promoting their target to foreign majors instead of other juniors as is done by almost all other junior companies in this sector.  Even their news release of today displays their lack of understanding in that they publicize the signing of confidentiality agreements, something so common as to hardly ever be mentioned by other explorers in official press releases (though sometimes by other means).

I think that this company has one of the best exploration targets in the world, but the current slate of officers and directors will fail to find a partner - it's been two years - to help with drilling unless they begin to understand that their best chances come from partnering with another junior.  

My free advice?  Stay far away from this company, at least until they announce having a partner for drilling, or new management that understands how to market a blind target.  ...plenty of time after that to enter and make sellar profits should eventual drilling prove-up a twin to nearby Bisbee, AZ.

VP in AZ
Comment by ValuePro on Sep 28, 2020 12:36pm
Keeping this failure in the public eye.