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Re: MACYSH post# 152289

Saturday, 05/02/2015 12:58:59 PM

Saturday, May 02, 2015 12:58:59 PM

Post# of 173238
Oh observant one... :)

So accumulation has been occurring while there is an acceleration in clearing all notes. The pace will leave them with just the 8 mil Tangiers funding agreement within a month or two.

Nice partner to have on board, kinda like a placement agent I'd suggest. Wonder who is getting those shares??!

Wonder why a bump from 5 mil, to 6.5 mil to 9 mil in exploration plans. IMO, there will be a coalition funding the drilling by this fall all with options to participate in part or all of phase 2, future and the property may split into projects, possibly.

With LBSR at a mere 3 million mrkt valuation after historically being in the 10-25 mil range and with insignificant debt, it is very plausible if not probable a 1000-2000%+ rise under a JV/funding drilling announcement. Even IR alluded to this... :)

Seems like prospective funders can participate in cheap LBSR equity as well as fund HM drilling and have a scenario where they achieve equity into the HM project at very minimal risk with reward being potentially enormous..

I am a buyer every week, would like a few months more of accumulation, if not oh well.


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