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learningthetruth

01/12/11 3:22 PM

#45206 RE: HammerSun #45205

Yes Hammer-

Very smart.
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Dreamchaser

01/12/11 7:14 PM

#45227 RE: HammerSun #45205

There is no correlation between NAK and LBSR for now. For one, NAK has reserves where LBSR still needs drilling. NAK has a different share structure and also has backing from Anglo-American. LBSR is does not fit this category, as of yet. But it's not to say that the planets won't line up for LBSR very soon. Now, there is one correlation that we can consider, and that is location. The concern for reserves is much more settling being next to Pebble and ZTEM data that matches the Pebble Project. In that regard, yes, there is a correlation there. Once a drill plan is announced and we see positive results from that, then gold, copper, molybdenum and silver will be priced into the stock, driving it towards a dollar, IMO.
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amigo777

01/13/11 12:13 AM

#45259 RE: HammerSun #45205

I completely agree with you. NAK started rallying ONLY after they announced a tie-up (JV) with LBSR. Insiders might know something that we (LBSR) don't know at this point. Patience is the key.