geoglow,

I've stated before, "When you buy one of these junior explorers, you are primarily investing in it's management." With Briscoe, I believe we have a real find, so I'm willing to sit. Not only has he shown the expertise to developed proprietary exploration teckniques, but has exibited the gutsie willingness to step outside normalcy when he decided to drop work in Alaska when problems with enviornmentalist in effect, put a hold on project developement. He was forward thinking enough to realize the exponential increase in uranium prices would put a premium on that type of resource. He methodically figured out what and where these such resources could be found and beat everyone else to them including much larger companies with substancially more resources. He is why I have put my money on LBSU and have the confidence in him to give him the time to prove his theories. The fact that share prices of these juniors have been devastated in the last 8 - 12 months is having it's effect on LBSU. Check them out, most have lost half or more of their market cap. Let Briscoe hit one pipe with historic 10 - 14 lb/t and I believe you'll have a 2 or 3 bagger at these prices because of the fact that Briscoe has cornered the majority of these pipes. However, I believe when he hits economic grades in a couple pipes, which he fully intends to do and will because he has so many to work with, the real price appreciation will occur with initial efforts to finance a mill, of which the initial steps have already been taken to build a 20,000 t/d mill. Note the background of the new member of the board recently announced. He was brought on board because of his financing background. Briscoe is always one step ahead of the game. The long and short of this is IMHO, LBSU has bottomed, tested it three times and now has a upward trendline established. Give it a year or two and you'll be greatly rewarded.--skys