GREY:LBEFF - Post by User
Comment by
JohnEStromJron Dec 14, 2009 7:00pm
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Post# 16586439
RE: RE: "Legend" in your own mind
RE: RE: "Legend" in your own mindLegend
The article saying there was going to be a surplus until 2014 was not from the LME but rather an article on Kitco. Kitco didn't write it - they merely provide a forum. I read a lot of information daily from a variety of sources and that source seemed to differ from the nimrod you quoted regarding nickel stocks 'only' being up 7%. I don't think he's accurate and the other article seemed to be worthwhile but don't bother reading what I post and do us both a favor.
Your cute [but inaccurate] repetitive comment about my buying Liberty at $3.00 is wrong. I was well below that number. Many of us trusted management, to our regret, and DID ride this crap stock up over $4.70 - and all the way back down while management assured us all was OK. So much for management who were clueless while they were bleeding the treasury dry. Now they may not survive [my opinion] as I don't think they are making enough money to continue drilling, open and start up a mine, pay that $5 million in July, pay the 8% interest on those convertible preferred shares and buy back those pesky convertible preferred shares. If they don't buy them back [as I suspect they will not] Jilin Jien can take this turkey private anytime they like - after a sufficient time lapses to make it look legit. Remember, the Chinese control this company which is to say they control management and they couldn't give a damned about small shareholders.
You seem to get a kick out of the fact that many loyal Liberty shareholders got burned and lost a LOT of money. One day in the future you'll get burned. When that day comes - and it WILL come - I hope you're philosophical about it. Management hurt a LOT of people due to their ineptitude.