One can often get a sense of the direction of a market from bid and ask volumes.  At today's closing, LBSR bids were 10k shares against 44k shares on the ask.  Such suggests more selling pressure on prices than can be supported by those interested in buying.

This is reflected in today's closing price of 3.83 cents, down 12.95 percent on 6 trades totaling 38,913 shares.  How soon will it be trading in the 2s, year's end?  I predicted 3s soon last May or June, but it took a few months.  We are there now. 

I still believe in Hay Mountain and look forward to someone at some time putting a drill in the ground there.  Near that point in time, I will have rebuilt my position, just not now.  

////

Late note - two minutes following the close of the market, 23,911 shares traded at 4.03 cents, still a loss on the day of 8.46 percent.