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Re: IBB-99 post# 1951

Friday, 01/20/2017 12:04:24 PM

Friday, January 20, 2017 12:04:24 PM

Post# of 3416
I'm long the stock, and have become a bag holder like you. I don't mind holding the bag if I can maintain confidence there is a light at the end of the tunnel but have a few concerns that I've been posting about related to your catalyst list I'm hoping someone can address.

LTBR has been working with Areva off and on basically since the inception of Lightbridge. I am not sure if this JV announced in 11/2016 is more meaningful than previous collaboration attempts which didn't help the stock or equal profit in the past. I've posted those previous agreements in prior posts. I'm sure investors were excited each time and thought a 10 bagger was right around the corner, but the stock kept going down as it is now. Why is this JV any different?

LTBR has been testing their fuel for at least 5 years now. They have tested it at different facilities. Some were in the US and some were in Russia. Same as my question about Areva, why is this testing in Norway more promising than before? Testing apparently takes years so any catalyst from that could be years away which based on the price action the company cannot afford. The CEO states investors can expect something meaningful in the 1st quarter of 2017 so that can't be based on the result of any testing in Norway.

What is the difference between commercial testing and the testing in Norway?
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