"Due to no news, people are holding off buying,..."

Another way to say the same thing is, "Due to no news, people are holding off selling, ..." I've aways been intrigued with the low average daily volumes expressed by this stock. And volume is dropping even lower in recent weeks, which could support an argument in favor of the stock. It could also mean that traders and weak hands are now largely out of this stock, leaving only committed longs to enjoy or suffer whatever may be coming in the short run.

"...but our financiers (represented by the MMs BMAK and possibly WDCO as well), are selling shares into the market."

Under the terms of the most recent financing, I don't believe the other party - name not disclosed - can covert their interest or sell shares until November, Even then, I think there are restrictions that will keep too much from coming to market at one time.

"How low will we go until we get substantial news?"

<Shrug> Dunno, remains to be seen.

"A deal may take some time,..." Yep! If we see one, it could still be months away.

"...but financiers would like there money ASAP......"

Which financiers would that be (see above)?

Also, and while I do not have the older information, LBSR's PPS has rallied each summer since 2010, defying the trend in mining stocks for this time of year.

But I agree, without news this is going to be a long and frustrating summer.

VP