Followers | 23 |
Posts | 2059 |
Boards Moderated | 0 |
Alias Born | 06/07/2012 |
Friday, July 13, 2012 12:38:33 AM
Unanswerable question. Price is a plant - from the Chart you can get an Idea of how the plant is doing, and how the soil/water/sunlight conditions are. news is frost (bad), fertilizer (good), or Drought (none).
When waiting for news, traders exit, investors enter - the longer the wait, the lower it goes - if the wait goes beyond expectation, the lower it goes again.... unless investors see a compelling reason to accumulate over time while accepting the cost average.
What are you expecting? What are others expecting? Permits approved in rapid order. Permits delayed by unnamed Red Tape. Arrowheads Found/not found. Drill Rig Breaks. Like a Hot Knife through butter, Bullseye with Bonanza Grades.
The most reasonable thing to expect is that the plan will be advanced with funding from PP's or fairhills in a workmanlike fashion more slowly than you would like and that once an uptrend, downtrend or side ways trend is established it will continue until the next release/leak/development of info. or change in the underlying market (metal prices, Depression/recession/boom, Market sentiment.
The Chart also gives you an Idea of what the growth potential of the plant is, but there are so many ways to conduct that exercise (Fib, Pitchforks, Horizontals, Diagonals, Fans) that you're just picking a "Guess Method" IMO.
A deposit can't be accurately valued until a Proven Measured Resource and feasibility Study are complete, final share structure, JV terms (if any), etc. . . . A Looong way off.
And newsletter guys charge big bucks for similar 'Predictions' LOL
Ride 'em, Cowboy.
Recent LBSR News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/01/2024 07:27:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/16/2024 09:29:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/11/2024 10:08:33 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/06/2024 03:02:23 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 05:46:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/26/2024 06:41:04 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 07/26/2024 09:00:19 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 07/16/2024 02:37:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/10/2024 08:12:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/10/2024 08:11:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/09/2024 09:21:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/18/2024 09:31:01 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/14/2024 08:30:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 08:34:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/21/2024 10:10:34 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 05/15/2024 09:04:56 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2024 10:13:24 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/26/2024 06:43:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/15/2024 07:20:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 09:17:20 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 02/09/2024 08:57:35 PM
FEATURED Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM
BNCM COMPLETES MERGER WITH DELEX HEALTHCARE • BNCM • Oct 8, 2024 9:54 AM
CBD Life Sciences, Inc. (CBDL) Reaches Unprecedented Heights With Explosive Growth and Strategic Expansion in 2024 • CBDL • Oct 8, 2024 8:00 AM
Unitronix Corp. to Invest $3 Million in USA Unity Coin Project • UTRX • Oct 7, 2024 7:08 AM