As some famous philosopher once observed, "The silence is deafening".

LBSR has had two news releases in the past 4 months, and this from a company that in recent years averaged 2-3 releases per month.

This observation may have no meaning at all, but I rather suspect is means there is a lot more going on here than can be known to shareholders at this time. Just because presentations have not been going on at overseas locations, does not mean that progress is not being made on one or more targets anyway.

From NR 193, LBSR has conducted "...several tours of the Hay Mountain Project area and other sites of importance to the understanding of Hay Mountain, in southeast Arizona, with potential funders." And, "We expect to conduct as many as two more of these site visits and accompanying tours before traveling to the Middle East, Hong Kong and Manila, (Philippines) as previously announced..." [As of January 12, emphasis added.]

Thought: The word "several" can mean 3 or more, so there may have been at least five tours at Hay Mountain for "potential funders" by now, meaning receipt of some kind of offer may not have to await completion of the pending presentations in the Far East.

Of more immediate importance, and upon review of PR 192, I see that the price of uranium AT THIS TIME may not be nearly as important as I had been thinking. If that is so, THIS DEAL COULD CLOSE AT ANY TIME.

"Profitable operation of the breccia pipes even at current low uranium prices is anticipated from this rapid and unique mining equipment and approach." [Ephasis added.]

--- Remember from adventure or Western movies how just before some kind of enemy attack someone would obverse how strangely quite birds and animals had become... just before arrows started flying? I sense that may be about to happen here, but these will be welcome arrows of happy vindication, IMO, and higher share prices.