Liberty Star Uranium & Metals Corp.

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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: Share prices diving

Based on the volume of shares, I'd guess it was one of the note holders that lends LBSR money in return for discounted shares. They are uniquely placed to make money off of selling at a lower pps.

Unfortunately, this just raises the cost (to s/h via diluation) of future borrowings. Not sustainable in the long run. But then again, I have been here since we had mere hundreds of millions of shares outstanding :-) Figured we'd see 1-2B, which is where we are.

Really would prefer we drill soon and mitigate further dilution! But at the end of the day, would rather keep the lights on and doors open than not! 

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