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Liberty Star Uranium & Metals > Message
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Sell off

Posted by: TomPaineFan on May 06, 2008 01:14PM

Over 260,000 shares traded so far today, price keeps going down (last trade 20 cents/share). Doesn't mean there's a new fundamental problem, but I believe there's frustration and exiting. The recent announcement by LBSU to option those new properties is probably causing doubt here, even though the actual cost committment to those projects appears to be low. No actual drilling news and the appearance of a lack of direction is sending these shares tumbling, IMO. LBSU could really use some clarity. Meantime I'm not selling, as the potential is still here, especially compared with the market cap.
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