Tuesday, January 18, 2011 7:13:46 PM
SUPER, I do hate to play my cards. Be that as I may, let me say this and believe me it is fact. In BRITISH COLUMBIA CANADA, there are probaly 20 super mines, mines that have above 5 million ounces in gold. also these mines are rich in the other ores silver etc. My point being is that once these mines have "PROVEEN UP" their ore resources, they have become worth on the order of $100. to as low as about $30.ooPPs. Let me tell you that these are companies that have never mined even 1 ounce from the ground, only core drills. Also that they have in the vicinity of 200million shares down to 120million shares on average,lots of DDing. SO LISTEN here is what the MKT will do on PROVEN UP ores for LBSR. 6/7 PEBBLES in LBSR=7Xs the multiple of NAK at the FMV, which is now like $78.pps,per 1 annalist. That IMO: is a low price range compared to the GOLDEN TRIANGLE of BRITISH COLUMBIA,thought I was BSing right. GOTO GOLDEN TRIANGLE and do your DDing! Then come back and post to me exclusively. NAK in PEBBLE has tones literally more that the GOLDEN triangleBC. SO where does that leave "LBSR"(?) ANSWER: many Xs the PRICE of NAK,once we prove up. The equations dont balance out on $78.PPs. IMO: "LBSR" could collectively value out PPs @ conservative of $300.oo inclusive BCSP NORTH,BH, BCSP SOUTH. Be a realistist or an annalist any way when you see the GOLDEN TRIANGLE and do the math you will get $300. PPs as a lo side,also bear in mind that these are CANADIAN companies, NAK & HDI, so the PPs is in line with 43I-103. Do the DD and you will say KY GOTCHA!
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