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All's quiet...

posted on Apr 14, 08 08:00AM

Strangely quiet board after that last press release. I know the British like to say "one swallow does not a summer make" but I'm beginning to feel upbeat about the potential for improvement in our market capitalization with a new JV in Alaska.

Just reviewing the company history and comparing it to share price over the last 2 years or so, you can see how the failure to make progress on Big Chunk and the switch to uranium devasted the market cap. Even though the company redirected its focus to Arizona months before the uranium market began to collapse, we uranium investors were never able to match the enthusiam of the previous gold/copper investors.

What if some of that Big Chunk enthusiam were to return? With gold much lower, and long before NAK jv'd its property, and before the environmental issues began look less daunting, our LBSU sported a share price in the 2's. Seems like a dream, doesn't it? 

Couldn't we, shouldn't we see the 2's again soon, with a JV at Big Chunk, and crossing my fingers, with a mineralized pipe in Arizona?

Haven't the dark clouds just cleared, and is that a swallow I see?

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