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Dreamchaser

01/19/11 10:32 AM

#45819 RE: Ries #45815

Compared to years ago, LBSR is positioned much better today. And with so much in the works at the moment, I would say that valuation in dollars for LBSR would follow uranium prices, Pebble permits, partners on all claims, gold and copper prices and drilling results on a all claims in Arizona plus Alaska. A good time frame for all of this I feel could be in 2012. In the meantime, LBSR may price in the high pennies when partners come aboard soon and drilling begins. Drill results and commodities prices should put LBSR on the map, sort of speak. I see LBSR above .50 before June, or perhaps even higher. This is my opinion, but that doesn't mean that I am right. We will have to wait and see.