Up and down- and mostly down. And why not- without any substantive news of a deal for drilling. But it seems now that PO is "all in" especially after loosing BG- and with substantial funds invested. And, in addition, taking full control- and since not at small cost- presumably with purpose.  Here is a fellow who has done well for himself in widely disparate fields- music and medical equipment. Is it being too wildly optimistic to think that he will want to make a move to make good on his investment in LBSR? He certainly seems to be putting some effort- or at least funds- into it. Now, I suppose, he could still cut us out and go private- since he pretty much controls the company and can basically do what he wants. And there does seem to be an effort to hold the PPS down for now. But, even so- it would still cost him a fair penny to buy out all the other shareholders.

But- that aside- I think it is not unreasonable to anticipate a rational move to advance the company with a deal for drilling- or even just drilling with his own funds. It would not make sense to invest all these funds and then not do anything. So- maybe- reason for Optimism at long last?