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Re: king yukon post# 38205

Wednesday, 11/24/2010 3:02:05 PM

Wednesday, November 24, 2010 3:02:05 PM

Post# of 173238
Prospective retail investors likely do a basic search...



I researched a bit when I first became aware of LBSR, and was encouraged that there was not a wealth of info on the web at first glance. Underexposed can also mean undervalued, so I kept looking and found the nice pile of DD here.

But these days, the same search I did back then quickly brings up litigation and court records, and red flags appear for the new investors. Unless they push on and find things like JV announcements, ZTEM data, geological data of the claims, title transfer listings confirming JV follow through, and the list of giants signed on with PLP, they likely will see this as even riskier than other micro-caps, and they'll move along.

Having seen the info, the longs here can be reasonably sure that this is much less risky than other micro-caps, and indeed much less risky then LBSR itself was before the JV commitment. That said, there is plenty for the pedestrian observer to avoid here at first glance. That is likely the reason so many of us will get ground floor investment leverage and feast for years on a few K thrown at a company holding giant claims on a giant deposit. It is also the reason we are sitting at a sub-nickel. The info will be revealed, but it will take time and many shares will change hands along the way.

We have recently seen insiders take options at higher than current prices, in the same time that private placement brings the potential for institutional investment. I know we all feel like the dog with a biscuit balanced on our nose while someone says "Wait for it...".

Just decide how much you want before you sell. If it's under $20, I imagine you'll likely get it if you are patient.
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