Some differences between Diamond Fields (DFR) and the best of what we expect from Hay Mountain suggest that LBSR could be worth far more.
Hay Mountain is a super high-grade copper-gold-moly target. Voisey's Bay was high-grade nickel-copper-cobalt. Assuming drilling success, the mix of metals at Hay Mountain should be worth more before considering that metals prices are far higher than in the mid-1990s.
Then, ore from Hay Mountain, should there be any, will likely be cheaper to process and transport to markets. Also, recruiting labor for work in Arizona should be easier and cheaper than for sub-arctic Labrador, which is also entirely removed from workers' normally expected urban and suburban amenities.
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It looks like profit-taking and fear halted our gains today. This is normal. Seldom does any stock go up for three days in a row. Four and five days are rarer still.
Our chart is still extraordinary.
