I think LRS has done well to hold at around 12 cents. The...

I think LRS has done well to hold at around 12 cents. The general market sentiment is negative and until the banks prove that they are stable we will continue to see market volatility and investor uncertainty. It is a pity a lot of recent good news has not impacted the shareprice --- or perhaps it has in that LRS has maintained its share price. Remember that Lithium is a very good long term prospect. With all the geopolitical problems - particlarly in Asia and Africa - the lithium deposits in South America are comparatively more attractive. My fear is that the undervalued LRS will be subject to a take over bid before the market realises its true value. I believe its true value at the moment is around 30 cents. This has been confirmed by a couple of brokers so we just need to be patient and wait for market stability and the return of investor confidence.