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Liberty Star Uranium & Metals > Message
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Re: Talks with Mayo Gold Ongoing

Posted by: stevenp on August 06, 2008 01:18PM

In response to: Talks with Mayo Gold Ongoing by explorher

After 2+ years, the so-called opportunities offerred will take months just to say that they agree to talk some more. Little progress towards mining, need more $ to finance it and LBSU's only rig is being rented to help pay the light bill. Golly, how excited I should be!

Seriously, this is and will continue to be a tough market in precious metals in the long run. No more go-go trends. If a company does not have big confirmed reserves, promptly starts producing and keeps status communication coming, it WILL NOT rise in share price beyond a small spike for a day or two. I have yet to find one lately that can do any of the above. So much for being a long time LBSU booster... just a 90% loss to show for it.

Gee, Tracy, what questions will get us a definitive answer? We are insulted business people, not just numbers in the masses.

sps



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