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Re: Farrago post# 35788

Thursday, 11/04/2010 2:19:47 PM

Thursday, November 04, 2010 2:19:47 PM

Post# of 173212
Just to add fuel to the fire! (I'm in LBSR to stay for quite a while, and will continue to steadily add shares at these prices, but just for my daydreaming, what does everybody think this may go to and when?) :) IMO: "LBSR" could see up to 10Xs the worth of NAK. It will take time, like 4 to 6 years. The value will be realized slowly because that is so atypical of most every mining investment. Mind you nothing can tell the story better than drill bits&ZTEM. Permits mean drilling, lab results = values present follow up drilling=s proving up,proving up equals good news if we match the PEBBLE or EXCEED the proven up values of the PEBBLE. PEBBLE is our matchplate. Mind you it can take 1to3 years to prove up such massive bodies as PEBBLE. So equation equals 1 year drilling and proving up 1 BCSP ore body,if we match PEBBLE, then we are worthe equal to PEBBLE for that one ore body,year2 we drill and prove up 2nd ore body,if body2 = or exceeds PEPPLE,agin we are worth the same price of PEBBLE only doubled this time. If we keep drilling and proving each ore body and at the least matching the PEBBLE each time then we can be the worth of PEBBLE up to 7 times according to the ZTEM recognized ORE bodies of perifferial coppers.

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