RE: Very under ValuedDouble check your source - there are no Measured resources at all in LL. The terms "Measured", "Indicated", and "Inferred" are very specific terms, and relate to standard definitions established by a geologist/mining association (check National Instrument 43-101 for the regulations on mining disclosure). The terms are not interchangeable. LL only has a small amount of 'indicated' resources, and even their 'inferred' resources do not indicate either (a) a very high grade deposit, or (b) an abnormally large low grade deposit.
And as for the uranium, if what you're talking about is the following statement: "However the Company has over 500,000 acres of prospective uranium land and there are plans to drill in 2007"; I hope you're not basing your analysis on that. Note a couple of key words: 1: "prospective" i.e. there is nothing confirmed, and as is the case with speculative resource deposits, it's quite likely that an economic find will not be proven; 2: "plans" - nothing confirmed, nothing done yet, more waiting to come, and at the rate NAG management moves, it will take about 6 years before any real progress is made.
Anyways, I do my due diligence, and I know that this company has a LONG way to go before any significant change in it's market value is realized.