"Then why drill and let it sit their until prices recover ?   What if they do not recover ?"

Lack of progress is an ultimate death sentence for tiny explorers.  It also keeps around interested, hopefully, multiple prospective partners.

"Like I said, the big boys do not speculate with shareholder money."

Did not Northern Dynasty place a specultaive bet with LBSR?  That aside, you are correct only by degrees.  A few million thrown into the likes of LBSR disappears in rounding.  No one among the "big boys" will lose their job over it.  Such is likely, however, among smaller producers/developers.  

Let's revisit this topic following the release of the 3D modeling.  Meanwhile, I would expect flat-to-slighltly-downward pressure on the share price, and with it ticking up starting in about five weeks.  ...good time for placing stink bids, IMO.

VP in AZ