John,

I agree that most of the speculation about what is keeping the share price low is just that, speculation. I do not believe that it is a product of naked shorting, insider dumping, attempts to drive the price down to create a takeover, or even stock manipulation. There is no sinking ship, and there is lots of money for the planned projects. These ideas tend to surface when the stock is not doing well and the paranoia starts to rear its nasty little head. I believe that the last offering came as a condition from the TSE because maybe they needed to feel comfortable that there was sufficient money to cover any unforseen problems that might arise, considering all of the irons that LBE has in the fire. A cushion of sorts.

What makes more sense to me is that maybe some large investor got caught in a margin call, or something like that, and guess who gets sold to protect their core holdings. The small caps are always very vulnerable because of their inherent risk, and they are on the first line to be sold.

Also there is a lot of conjecture about how long the nickle high will last, looking back at history, we are pushing the envelope. The market is very volitile, and the US recession debate is adding to the risk. Then again, China has been making suggestions that they are slowing down, but in reality they have not slowed down much. But all of these things make investors more nervous and small caps are more risky, and more subject to the apprehensions of the investors.

If LBE was going down and the other nickel companies were not, then it would be easier to entertain the shorting, dumping, manipulation theories , but they all to seem to have been taking the downward turn about the same, so that does not really make good sense to me. I think Anonymous must have gotten caught in a squeeze and LBE was what they held a lot of, and they need the money. imho

That is my two cents thrown in.

Best to all,

Bear.