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Hot Stock; Liberty Star Uranium & Metals Corp. (LBSR)

By Warren Paige

Shares of Liberty Star Uranium & Metals Corp. (OTC: LBSR), an exploration-stage company focused on the acquisition and exploration of mineral properties in the states of Arizona and Alaska, are seeing a huge rally in trading today.

LBSR shares are currently trading 54.96% higher at $0.0375 on above average volume of 5.86 million. The stock has now gained more than 94% in the last three trading sessions.

Liberty Star shares are soaring today after the company announced the receipt of updated, geophysical ZTEM electromagnetic imagery of the south block of its Big Chunk Super Project in southeastern Alaska.

LBSR said that the resolution of the imaging of the original data gives the company a much more accurate picture of what is present at depth. James Briscoe, CEO of Liberty Star, said that ZTEM technology has improved since 2009 when the processed survey was first presented to the company and LBSR will use the information to draw detailed plans for drilling at the Big Chunk as soon as possible.

 

July 2nd, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.