Panic came into the mining stocks sector as the day wore on. I havn't seen such a "hit" in a very, very long time (-7 to -8.3 percent). Meanwhile, physical prices were down too, but not nearly as badly, and in the case of gold, hardly at all, suggesting that the "hit" in producers was overblown. This observation is supported by a lower dollar in recent sessions.

The question of the moment is, of couse, will the panic continue? I've already read one story this afternoon warning investors to look for a general halt in trading tomorrow, but who can really know?

LBSR, by the way, has so far seemed immune to what's happening in the boarder markets, and among producers. That's because to some extent explorers are removed from many of the influences effecting producers, AND because the company has a stable of prospects ready for partners and drilling.

IMO, the trashing of the boarder markets is not going to hurt this company's plans (and share price), unless metals prices, and POG in particular, trend strongly down from here. ...and I don't think we will see that. I still intend to buy this stock (and sell in my trading account), as conditions and my financial resources warrant.

FWIW,

VP