Liberty Star Uranium and Metals Corp (LBSR)

[StrengthenNumbers]

I would add undervalued as a PM futures speculation...




Everyone knows a Greece measure is in the works for the EU, likely Portugal as well. The dollar is only rallying against the euro's weakness, but we know that it will continue to wobble. PMs are strategic assets and currency support, which has been mentioned here many times, but now it seems the Powers That Be are thinking along the same lines. Nice to be on the winning team. Metals prices are far from retreating, especially with all the stimulus build-out funding committed abroad.

There is giant pressure to develop sovereign wealth assets right now, as well as political pressure to create jobs, or at least appear to be doing something before 2012. Add some world-record claims, a few heavy hitters, and a plucky geologist with a nose for riches and you have a great scenario for unlocking wealth.

And BTW, that recent reappropriation of the independent Pebble study money into overview of process and permitting should be a huge wake-up call on its own. To my policy reading, it says the environmental lobby has already been marginalized in the dealings or a back-room plan to compromise and develop has already been reached, whether it's formal and official or not. When they canceled the study and dumped the money into the next phase, it said something is happening and it involves permitting.

I could be wrong, but I'm betting a rather oversized portion of my retirement that I'm not. Best to all who dared to take this ride into the abyss by poring over data and hard facts. It is my opinion that you'll be well rewarded for your efforts.