A couple of things give me optimism- aside from the very fact that it seems we really are drilling at HM where ZTEM foretells success. However- we still have to get it right. Even with a great target- drilling can miss- and even if it's just sitting there waiting- things could still go down the tubes without good early drill results.  But the fact that insiders are still locking down a bunch of options as recently as 1/24/24 makes me think that they smell success and maybe got some early whiff of good results- maybe, for example, they saw some XFR core sampling results. At least I don't think insiders  would be getting more options if the news was not looking good.

Also- it seems impressive that the PPS is staying relatively stable in the absence of follow up news. The initial flush of enthusiasm is past and I think most of the faithful have most of their positions established- so not much buying pressure there- and I don't think there is really that much widespread knowledge of LBSR- yet- and so not much buying pressure there. And with slowed upward momentum- we have probably lost the day traders for the time being. So who's left. Not much. And so- the volume has been incredibly thin. And so it wouldn't take much selling to knock the PPS down- and it has come down- but then recovers back up. So this resiliency shows there is still enough positivity to overcome the modest selling pressure. It doesn't look like anyone is really selling off- again- no one appears to be aware of bad news. Just the normal selling of some locking in profits/etc. 

So . . . biding our time to news- and all good. Yes- there will be some serious selling on the news- but hopefully anticipation of yet more good news to come will moderate that- and then continuing up from there.