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08/27/14 7:02 PM

#143737 RE: rich2 #143735

Isn't the fact that he is a "brilliant geologist" yet to be proved? Why does everyone keep saying that?

PURA VIDA

08/27/14 7:43 PM

#143738 RE: rich2 #143735

hi rich2,

I cannot really give any predictions for price performance now other
than what the charts are giving me. We have not had any predictability
in LBSR now for several years. The market has grown a bit tired of the
LBSR story. Those of us here for YEARS (me 10 now) have followed the
company closely. We understand what "might" be a motherlode waiting
for us both at Hay Mountain, and also Big Chunk. The market couldn't
give a rats ass about that. We need "NEW" money in the game.

When a JV is announced, it will bring in some new money. That will
give us a pps rise. After that, things will cool back off and the
pps will again retreat.

Once a DRILL CORE is brought up that confirms we have the goods - that
is when things will become VERY interesting. Until then, I can only go
by what the chart tells me. The chart currently tells me that in the
past YEAR, we have not been able to get over .035 and we have had some
fairly interesting news. News is news - a DISCOVERY is another story.