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Trader S77

08/15/10 5:37 PM

#12863 RE: xZx #12861

I'm almost certain many Ihubbers got turned to LBSR because of the comparison to KAT*. Many IMO are here to just see a quick run up and cash out as they believe LBSR will peak at the same level as KAT* but those that have done their DD and research realize the potential for LBSR is a lot higher.
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B402

08/15/10 9:10 PM

#12904 RE: xZx #12861

Would Differ With That Brikk. Kat^ and Lbsr are Two Worlds Apart, One needed Bailed Out, had to sell off some. No JV yet, Earn In Agreement btw,,, and some Drilling Work needs to be done. Kat^ has a similar float 320mil, Kat^ will reduce o/s by 186 mil after uplist imo. Drilling 2 properties this season will add plenty of assets, plus they have Financing and Several more properties.

But,, Lbsr has a lot going for it too. The 23sq mi sales and this Earn In will right the Ship. The Big Chunk looks Great, One Huge Caldera, Volcanic activity and Minerals go well Together Don't They! Just needs that Drill Bit to Prove it Up. Looks Like you have a future Partner in that Good Neighbor, NDM. I Think they Know you have the Goods in the Ground.. .038 by Directors Gives Confidence and the reduced o/s, 10 mil over 3yrs is good, 1 mil cash holds for a while.

Great Board Here
Speculation Covered from Every Angle

You Have a Good Run Going
And a Company with Good Properties
Continued Success to All Here
Thanks for all the Great DD....

IMHO
Good Luck to All

No need to Compare, Both Very Good on their own.