News Focus
News Focus
Followers 11
Posts 907
Boards Moderated 0
Alias Born 09/07/2010

Re: banchrima post# 42765

Tuesday, 12/21/2010 5:13:04 PM

Tuesday, December 21, 2010 5:13:04 PM

Post# of 173290
"... realistically some years from now IMO."

You are absolutely correct, but you seem to suggest that is not worth waiting around for "unless you are long." In that, I believe you are very wrong.

Even if it takes 10 years to get to 10 bucks from here you are still talking a compounded return of just about 72.5 percent per annum. I doubt you can match that or even come close to it as a trader over the same period. ...but I also don't think it's going to take ten years, assuming LBSR is not taken out in the interim.

VP in AZ
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LBSR News