For what it's worth, the price of uranium dropped 25 cents in each of the last two auctions. It's presently worth 28 dollars per pound as of June 23. This is the lowest price in 9 years!

If there is any good news in this, it is that the acceleration in the decline a slowed markedly. This may mean that the bottom is in, or soon will be.

Whichever direction if goes from here, I think the price is artificially low, and low beyond reason. Still, this means it will be a long while before NPSP holds any benefits for LBSR.

Thank goodness JB rolled Tombstone Super Project into the LBSR portfolio when he did (out of his own holdings), or we would certainly be hurting following what EPA and the enviroNazis have done to our Alaska claims.

VP