A great week for the company, solid number of discussions over the Internet and little to justify the blast off – this is what Liberty Silver Corp.(OTC:LBSV) stands for recently.The last official data to come from the company were its financial statements earlier this month. The fact of the matter is that it was since that point that the race began. Yesterday was it`s highest point so far, with 2.8 million shares traded, the daily session closing at $0.58, which is a more than a 100% increase in just two weeks. 
Since there is not much official information, main sources for common traders were the main message boards on the Internet. You can have a look at them, but it is most certain that what you are looking for is not there. You will neither gain confidence, nor have an answer to the question quite often posted in them – Is this a scam?
So, instead of wondering in the dark or going for a poker ride, you can just stick with what you have for sure. While the information below won`t serve as a 100% assurance for the value of the stock, it might indeed at least unveil the fog that currently surrounds this rapid mover on the stock market. [BANNER]
First of all, the stock price is not really quite an accomplishment, as half a year ago it gravitated around similar levels. In terms of the financial statements, there are no revenues as Liberty Silver is a development stage company. Nevertheless, there are also no apocalyptic signs to scare away potential investors. The current assets surpass liabilities, as the total accumulated deficit is also not such a horrifying number.Â
Another good point that should be mentioned is the strategy of the company – Liberty Silver looks to acquire properties, which are in an advanced stage of development, thus pose great level of predictability and shorter amount of time is needed before actual operations commence. Last but not least, this maybe one of the few exceptions on the OTC market, which are engaged in the oil mining industry but do not tear apart space with their screams about how much millions they might make out of the situation with Egypt and Libya.Â
Despite all of the above though, this is still a risky investment. While being one of the few companies of its kind with intelligent approach towards the general public, there is no guarantee that revenues will be present at any point in the future. Maybe not a scam, but Liberty Silver`s future remains nothing but misty and full of uncertainty.
