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Message: Market reaction

By volume and price action during the day, it seems the market saw negatives in this morning's PR, but what's really different?

"I have arranged with Naru/naseba to undertake teleconference meetings with appropriate candidates from the Middle East area for now. While Hong Kong was on the agenda and is a good venue, we will have to put it off until more contacts have been made."

1) LBSR will not be making personal presentations in the ME, at least not for the time being, BUT presentation will be made, albeit electronically.

2) Hong Kong is "put off" for now. That's it? That's why the share market today was off strongly for most of the day?

SUMMARY: Presentations are still to be made both in the Philippines and by video conferencing to the ME. Lost on the market, I think, is that LBSR has multiple project offerings of various size and appeal, so there is more to consider here than just Hay Mountain (even as that may remain the primary focus of these efforts to secure a partner, or partners).

It feels to me as if the market is looking for "two steps forward" from each PR, and fails to recognize that progress is being made, even if it's measured in inches instead of feet.

Geesh!

JMHO


Feb 18, 2015 04:54PM

Feb 18, 2015 05:02PM

Feb 18, 2015 05:08PM

Feb 18, 2015 05:13PM
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