Re: principle of diminishing returns
in response to
by
posted on
May 07, 2015 08:00PM
Combining Classic Mineral Exploration with State of the Art Technology
No one here ever said NPSP was going to close soon. What was said was the JB wrote months ago that it May close in June, but more recently that it will close when whenever the buyer sees fit. Give the company is trying to raise cash by selling more shares, I think you can forget about NPSP. Afterall, the price of uranium has been declining, not increasing.
This and other things is what cause me to recently write that I think LBSR has become a mere trading vehicle for now, that I don't seen anything good happening in the short run.
Having said that I anticipate buying and selling shares on continued volatility and for the purpose of accumulating shares against what may be better times at some point in the future (not soon, IMO) - it's a gamble.
And, PLEASE stop mentioning Nord. It means nothing now, except in some historical context.
Trader VP