The concept of seasonality as applies to the metals and mining sectors is not a reliable predictor of future market actions. More often than not, however, the market does improve following the Labor Day weekend in the U.S, which more than coincidenally marks the end of the vacation season in Canadian financial markets.

In fact, the related stock indices have already turned up, though explorers for now are still showing weakness - they usually follow, anyway, and do not lead. Given the carnage wrought in this sector over recent years, this fall could be the turning point to better times, should seasonality continue to show itself beyond the small spark seen in recent days.

LBSR, of course, needs good news to kick the market for it's shares into high gear, but some improvement from seasonality would be welcome while we wait, would it not?

VP