Re: Today's trading
in response to
by
posted on
Nov 21, 2023 05:34PM
Combining Classic Mineral Exploration with State of the Art Technology
The cloud over LBSR is that gold explorers are out of favor, though some had a good day today. And this one has become little watched in recent years, so it may take time to reach others who may become interested (or interested again).
Will I be buying again on this news? No. In the last couple of years, I've re-focused my interests into explorers with district-scale silver and gold potential. RRC does not qualify even if I liked its prospects, which I don't.
While Hay Mountain also doesn't meet those objectives, it is an exception given its potential for being Bisbee or Bigham Canyon in size and grade, if not more. So, I'll keep watching and wishing luck opon the rest of you. I don't mind getting in later than others (when I'm more comfortable with the risk). Besides, I don't have the losses to make up that some of you have.
Again, good luck to the longs.