I would like to take an amateur, simplistic shot at a reason why this stock is still at .035. Mostly to get other people to give me their more sophisticated opinion. Here goes:
--there are still tens of millions of shares out there that were bought at .002. (I have some.) But some people don't really follow this like we do. They are more likely to to just sell--maybe through an MM?--with no regard for what is actually happening with LBSR. They have a constant sell order in.
--while some long-time posters and some new ones (welcome!) have been buying at these levels, it is not enough to raise the price because of the aforementioned shares being sold indiscriminately (IMO)
--While word is getting around slowly, this company is still little-known and it is still a gamble that attracts only a certain psychographic of investment types. I think of the microcosm of people I've told. I've told maybe 20 people. I think 5 have bought. Two of those bought at about .004 and sold at .06 or so. One bought a car; the other a piece of land with the profits, but they have not renentered at this point
--the up side to that is if 100,000 new people find out about this, let's say 15,000 of them would see what we see. A PR on Kitco or other widely read medium would help
--and finally, my new expression: no news is bad news. usually when we get news, it goes up, but then goes back down again as exuberance fades. A really BIG PR would change this. There you go. An amateur's guide to LBSR price. Criticisms welcome but please don't call me an ignorant, misguided slut.
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