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Alias Born | 08/03/2010 |
Wednesday, June 26, 2013 1:42:31 PM
...That's precisely why I averaged down yesterday.
Some would have you believe that the Phelps-Dodge data was falsified, that the MLV assessment was dead-wrong reckoning done by amateurs, that the hole-in-one deal to eliminate the NAK debt was meaningless, that the last ZTEM survey didn't result in a JV that sent the stock on a 10,000% run, etc.
Endless reposting of grade school bathroom humor insults simply can't nullify the real facts. Is the PPS where I had hoped it would be by now? Of course not, but the facts still stand. Yes the O/S is higher, but the debt is lower by far and the possibility that LBSR will gain a significant portion of a $100-Billion deposit in southeast AZ makes this a calculated risk that many would take, myself included.
You have to be a rational person willing to read and re-read, determine a historical and geographical context for the likelihood of success, consider markets, management, trends and overall economic factors, then decide if you like the chances. I'm here, and the constant reiteration of words like turd, circus, hallucination or even semprini will not cause me to capitulate.
Go LBSR!
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