GREY:LBEFF - Post by User
Comment by
JohnEStromJron Aug 14, 2009 1:43am
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Post# 16218335
Sensibullie boy, We Still Want To Know :)
Sensibullie boy, We Still Want To Know :)sensibullie boy,
For your edification, I did call and I didn't get an answer [no surprise] but thanks for your little put-downs. I suspect the fellow I spoke with is now gone but it really doesn't matter. The "non-response" from Liberty Mines was expected. You probably get better service, huh?
"It is better to light a candle than to curse the darkness"? You're still not answering the questions I posed. Do you think evading the questions or attacking me will make others stupidly buy this stock? Why would they?
Why would Jilin Jien NOT buy those convertible preferred shares? They would let Gary Nash know that they intended to and he would not even try to buy them back. Gary Nash works for them now and I seriously doubt he'll do anything to jeopardize is job. Keep in mind that this "loan" is a sham to sell controlling interest to the Chinese. If and when Liberty Mines every gets into production Jilin Jien will control the revenues into Liberty Mines so I think it unlikely Gary Nash will attempt to buy that 189 million shares. What do you think sensibullie boy?
When they DO buy those convertible preferred shares they will own over 80% of the company. Why would they NOT take the company private? Look at the benefits to Jilin Jien - they don't need to account to anyone and they can pay YOU and me whatever they like for your shares. If Liberty Mines miraculously turns profitable they will exercise their sole right to buy those shares and pretty much pay whatever they like. In the mean time the are being paid 8% right off the top of any future profits. Sorry sensibullie boy.
How much is Jilin Jien going to pay Liberty Mines for that nickel? Are they going to pay for the byproduct metals? If your answer is "yes" they NEVER have in the past so why would they start now? Answer sensibullie boy?
Why would ANY rational investor buy this stock? It's totally controlled by the Chinese, they don't need to buy any more shares - so what will drive the price higher? Because YOU need to make a profit? Perhaps you should have bailed when in the low $0.20's. Again, why would anyone buy this stock? Answer, sensibullie boy?
You've a ton of shares at $0.05 huh? Better sell 'em quick ;)