Wednesday, November 10, 2010 1:05:44 PM
The USA, when we try to get our ethanol going, the oil companies just lower the price of the oil/gasoline products to put the ethanol companies out of business.
Didn't anyone notice the big push up in prices at the end of the Bush dynasty ? Geeees, almost $5.00 per gallon gasoline for absolutely no reason at all. What a freakin travesty that was.
Now Americans are happy to pay nearly 3 bucks per gallon.
Back to LBSR and uranium, the Super Pipes Project most likely does contain enough U308 to raise our pps by at least 1 dollar per share all by itself now that the prices of uranium are going back to the magic number of 70 dollars quite rapidly. I do beleive we will have a JV on that land very soon indeed.
For the JV definitive agreement with NAK/HDI/PLP, this one is very complex when you think about it. They need to have the ENTRIRE agreement hammered out.
So, LBSR investors, don't be put off by what you read here with the whiners and nay-sayers.....you hold some VERY VERY VERY valuable shares. Keep them, don't give em away.
S4
Recent LBSR News
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