Any breakout must be confirmed by volume! and the last couple of stagnant trading has allowed for more shares to accumulate above the breakout price as longs get frustrated & discouraged and decide to sell! Breakout must occur SOON!
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This is the 1st rally that's gone to a higher hi in 2 years. In any other case, I would give it a positive vote. The highest volume in 5 years adds to the positive implications of today's action, but I intend to restrain my emotions and stay neutral for the time being! like WHO cares?
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Think about it. Libero has lost 90% of its value in 10 years. How much $$$$ has the co flushed down the toilet with nothing to show but drilling results that always subject the shareholders to an immediate haircut.
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More questionable statements from management! This time from CEO Harris.. " Libero has just 43 million shares outstanding, GREAT LIQUIDITY ( no trading for the 2nd day in the USA & a 20% swing in trading in Canada .46cts-.55cts) leaving shareholders to doubt the rest of the flatulence in his statement; strengthened mgmt & board; 4 significant projects 3 fully funded drill programs! None of which has profited shareholders a penny in the last year!
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Another Technical 1st! this is the 1st time LBC traded above its 200 dma & REMAINS ABOVE IT a few days the previous 2 times prices fell through the 200dma the Following day!
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bought more today @.48cts in anticipation of a bullish breakout of flag formation.
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I saw the news release of a reverse split, now I cannot find it, what was 1 new 5 old? Weird my portfolio did not reflect the change today I am up $6,000? I thought all splits were reflected right away.
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TTX - Tantalex Resources just released a huge PR with three big pieces of news. They will be making a run tomorrow without a doubt. They have a deal for a Tantalum refinery, announced a drill on their Lithium assed and an acquisition of a Niobium-Tantalum property in Quebec. huge volume lately with 24mil today. Right now at $0.075.
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Even a RISING 200dma poses resistance to this shell co! Yesterday's assault on .60cts (200dma) had a shelf life of 24hrs! Before reality reasserted itself!
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after 2/22 this #$%$ is free to return to 09cts
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inch by inch day by day slowly it gains and joins the bullish foray
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Poor USA shareholders All the hocus pocus shell game in play leaves them with no market to value what we own! Can't mgmt buy at least 100 shares in the USA? LBC.TO trades from .46cts to .58 today, and to date NO shares are trading here!
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Potential move to .70cts after this shakeout is complete & some trading pattern emerges after the hocus pocus machinations this yr!
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bullish potential is confirmed & validated @ .68cts
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USA trading at a standstill unlike my investment which is circling the drain!
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If we get any more releases, we'll be trading @ .03cts this management has no credibility shares sell off on every news release not a very stable shareholder base I've moved on to JAGGF where mgmt holds 49% of shares stuck with 120K shares but buying more is prohibited!
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Yesterday Libero Up 12.73% on 423K shares Today the Piglet Down 19.36% on 266K shares USA trading was even WORSE....Down 18.45% on less than 10k shares so much for greater liquidity claims
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lots of financial hokum going on a real shell game
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huge offerings, relatively speaking, appear on both exchanges is that all the mileage we get on 2 drilling results in 1 month? buyers resistance overhangs this market
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LBCMD DOWN 13% on 4000 shares how's the liquidity working for Heirrass?
and the last couple of stagnant trading has allowed for more shares to accumulate above the breakout price as longs get frustrated & discouraged and decide to sell!
Breakout must occur SOON!
In any other case, I would give it a positive vote.
The highest volume in 5 years adds to the positive implications of today's action, but I intend to restrain my emotions and stay neutral for the time being!
like WHO cares?
Libero has lost 90% of its value in 10 years.
How much $$$$ has the co flushed down the toilet with nothing to show but drilling results that always subject the shareholders to an immediate haircut.
This time from CEO Harris.. " Libero has just 43 million shares outstanding, GREAT LIQUIDITY ( no trading for the 2nd day in the USA & a 20% swing in trading in Canada .46cts-.55cts) leaving shareholders to doubt the rest of the flatulence in his statement;
strengthened mgmt & board;
4 significant projects
3 fully funded drill programs!
None of which has profited shareholders a penny in the last year!
this is the 1st time LBC traded above its 200 dma & REMAINS ABOVE IT a few days
the previous 2 times prices fell through the 200dma the Following day!
Yesterday's assault on .60cts (200dma) had a shelf life of 24hrs!
Before reality reasserted itself!
day by day
slowly it gains
and joins the bullish foray
All the hocus pocus shell game in play leaves them with no market to value what we own!
Can't mgmt buy at least 100 shares in the USA?
LBC.TO trades from .46cts to .58 today, and to date NO shares are trading here!
this management has no credibility
shares sell off on every news release
not a very stable shareholder base
I've moved on to JAGGF where mgmt holds 49% of shares
stuck with 120K shares but buying more is prohibited!
Today the Piglet Down 19.36% on 266K shares
USA trading was even WORSE....Down 18.45% on less than 10k shares
so much for greater liquidity claims
is that all the mileage we get on 2 drilling results in 1 month?
buyers resistance overhangs this market
how's the liquidity working for Heirrass?