Stock price of Liberty Silver Corp. (OTC:LBSV) has been rather unstable over the past days. Though, despite its ups and downs 
lately the stock still manages to keep its $1.00 per share position.
After a minor price fall on Tuesday, yesterday LBSV soared 1.00% and its traded volume jumped up at once.
The latest news on Liberty came up last week. According to it, the company has closed a $4.6 million non-brokered private placement funding for its Trinity silver project in Nevada. In addition, LBSV has received conditional approval for its shares to be listed on the TSX.
The positive news pumped up LBSV stock price to some extent, though the climb was broken in a while. Unfortunately, the company’s financials remain disappointing.[BANNER]
As of Sept 30, cash and cash equivalents of LBSV increased, though its liabilities rose up as well. Besides, the stockholders’ deficit remained high, while the deficit accumulated during the exploration stage exceeded $3 million and the revenues kept missing.
Based on these results and the company’s going concern status, the new funding looks like the one and only hope for Liberty Corporation.
