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Re: StealthSwimmer post# 104489

Saturday, 08/04/2012 11:56:54 PM

Saturday, August 04, 2012 11:56:54 PM

Post# of 173212
Good to see you, Stealth...





The pieces we all knew about are finally falling into place. Many people researched LBSR enough to understand the reality of the claims, but stepped back when the A&P debacle stalled us out. Since then JB has greatly augmented the potential of the claims via Tombstone and Hay Mountain.

I fully expect that a large wave of investors will see the LBSR alerts, watch the news unfold, and get back in along the way. Ideally the company will receive favorable assay results from Big Chunk and attract enough interest to fund drilling on another project. The pending 3Q dip in the overall economy should give gold another leg up, perhaps bringing more institutional investment to the sector and increasing visibility for juniors.

I'd love to see us sitting around .20-.25 on assays when the announcement is made that an Anglo/Barrick/Newmont-level player wants in via JV. Anglo and PLP have taken a beating recently, and they need a viable option for moving forward. I won't be surprised when a major steps in, and PLP shouldn't be either, hence the wisdom of moving quickly and decisively.

I was livid when A&P yanked our chain, but I have nearly tripled my position since the lawsuit, and at discount prices. Remind me to invite JB to my retirement party.
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