Wednesday, March 13, 2024 5:16:55 PM
I do believe that once a strategic investment partner is announced (which will fund the feasibility study) that the stock will start to rise again.
In July of ‘22, the stock popped on the day they announced that Scully Royalty was an investment partner allowing LBRMF to begin to move back to production.
If an investment partner is announced and they start to cut roads, develop the property, rail needed to port, etc, I think the stock could continue to rise strongly all the way until they’re actually mining again. Just on sheer optimism and buying cheap to get a seat on the jet before it takes flight.
Hope it works out, for all of us! 🙏
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