Liberty Mines (LBE.to)

LBE.to is a buy in my opinion, which is why I have been buying.

Their cobalt viens are worth between $4,000-$40,000 per cubic meter.

Don't believe me? Check for yourself.

http://www.libertymines.com/McAra.aspx

"Mister Miningpedia" analyzed this awhile ago, too. Without my digging, do you know when they might get recognition in the market for their Cobalt? They need to work towards a 43-101 for Cobalt, or it could be awhile and our money could grow faster elsewhere (The stock may be undervalued just for it's Ni, though the other Ni guys are suffering too: CML, NI, etc)

studbkr wrote:

"Mister Miningpedia" analyzed this awhile ago, too. Without my digging, do you know when they might get recognition in the market for their Cobalt?

I know they are getting zero credit for the cobalt now, and yes, nickel companies are suffering.

I figure this a buy low, sell high situation; what its all about.

Jim Puplava mentioned cobalt a few times this weekend, so you just never know. What I know is, there is some real value there.

Anyhow, still a relatively small position for me.

BTW, I have nothing against fairly tight, stop-loss settings. I just think, maybe we could see a relief rally, or whatever you wanna call a bump off the bottom.

I like the way you look at it though; what is the catalyst? My answer is record cobalt prices and Jim Puplava.

Liberty Intersects 2.51% Ni Over 10.4m at the Hart Project
Tue Feb 26, 8:00 AM

http://ca.news.finance.yahoo.com/s/26022008/28/link-finance-news-liberty-intersects-2-51-ni-10-4m-hart.html

I can't believe how LBE.to has been shooting up, and on very strong volume.

I've started taking some off the table, and have been adding to NMB.v

I have a pretty healthy position now! More than on the last spike!

bull wrote:

I can't believe how LBE.to has been shooting up, and on very strong volume.

I've started taking some off the table, and have been adding to NMB.v

I have a pretty healthy position now! More than on the last spike!

Good call! Up about 25% this week. They're on my list of cyclical trading stox. I bought some more KNP earlier this week, instead...