Frustration is understandable. But I do think patience will prevail.Despite the lag in timing, I believe we will see significant price appreciation when news is announced. LBSR has always responded dramatically to NR's, since they reflect its fundamental strength- i.e. -ultimately- what's in the ground. So when there is real progress- such as JV prospects or ZTEM results announced, it confirms what we already know. And the pps responds accordingly. And it will again. As for JB, one of the reasons many of us trust him is that he is the antithesis of a pumper. Maybe to a fault. But he simply won't put out BS informational PRs and is scrupulous about following SEC rules. However, he will respond to direct communication. Of course, you won't get specifics, but you can get a sense of things. He has said, "We have closed some small things and are negotiating large things." He also said, "we are heading in the right direction". Clearly nothing specific- but encouraging nonetheless. But regarding timing, he says, "I must advise patience." And he ends, "Sorry to be vague, but I must. This has been hard slogging but I believe much of it will be rewarded in due time and make it all worth while." Because he has been forthright in the past and open about problems, I don't think this is just CEO smoke. There are no real assurances here as well as no specifics, but I believe it reflects his genuine and also realistic optimism. I don't think I'm being too naive in allowing this to strengthen my optimism and fortify my patience.
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