Wednesday, February 23, 2011 10:14:23 AM
We can't know what they are doing, but I agree the trouble in the Middle East could compromise LBSR efforts there. Look, fear does not drive investment into illiquid assets. If investors in a suddenly unstable area of the world want to move wealth, they are concerned about the speed, and efficiency of doing so, and will not be taking the time to negotiate contracts when they are far to busy buying, say, US Treasury bonds.
...my opinion, but again, we can't know what's happening there. And I don't think it means all prospects are curtained, only compromised for now.
VP in AZ
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