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psycotria

12/26/10 5:27 PM

#43312 RE: Crystalballz #43307

"Thinks" does make a difference. What the Market thinks LBSR is worth and it's real value are definitely two separate numbers.

I would certainly say LBSR is currently undervalued, and while I can't pin a firm number to it's worth, the trading over the last week shows big money, and also smart money considers it to be cheap. The large volume and Accum/Dist shows this stock flowing out of smaller traders into larger and tighter hands.

It doesn't matter where I think it should be today, and the whys, as I'm in and accumulating on a multi-year horizon. However, I would say that today, it is worth closer to $.15 than $.05. When their drill program is announced, $.30 is reasonable, when outstanding cores come back that support ZTEM's data, $1.00+. Other positives on top of that are additional.

I haven't considered farther into the future.


Sorry I accidentally left the word "thinks" out of the equation, like it makes a difference

Anyways would you say we are undervalued right now? What should the pps be at specifically today? And if it isn't where you think it should be- why not?

Just wondering