Exhibit 31.1

         I, Pamela D.A. Reeve, President and Chief Executive Officer of
Lightbridge, Inc., certify that:

         1.    I have reviewed this quarterly report on Form 10-Q of
Lightbridge, Inc.;

         2.    Based on my knowledge, this report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this report;

         3.    Based on my knowledge, the financial statements, and other
financial information included in this report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this report;

         4.    The registrant's other certifying officer(s) and I are
responsible for establishing and maintaining disclosure controls and procedures
(as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant
and have:

               a)       Designed such disclosure controls and procedures, or
               caused such disclosure controls and procedures to be designed
               under our supervision, to ensure that material information
               relating to the registrant, including its consolidated
               subsidiaries, is made known to us by others within those
               entities, particularly during the period in which this report is
               being prepared;

               b)       [Paragraph omitted in accordance with SEC transition
               instructions contained in SEC Release 34-47986]

               c)       Evaluated the effectiveness of the registrant's
               disclosure controls and procedures and presented in this report
               our conclusions about the effectiveness of the disclosure
               controls and procedures, as of the end of the period covered by
               this report based on such evaluation; and

               d)       Disclosed in this report any change in the registrant's
               internal control over financial reporting that occurred during
               the registrant's most recent fiscal quarter (the registrant's
               fourth quarter in the case of an annual report) that has
               materially affected, or is reasonably likely to materially
               affect, the registrant's internal control over financial
               reporting; and

         5.    The registrant's other certifying officer(s) and I have
disclosed, based on our most recent evaluation of internal control over
financial reporting, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent
functions):

               a)       All significant deficiencies and material weaknesses in
               the design or operation of internal control over financial
               reporting which are reasonably likely to adversely affect the
               registrant's ability to record, process, summarize and report
               financial information; and

               b)       Any fraud, whether or not material, that involves
               management or other employees who have a significant role in the
               registrant's internal control over financial reporting.

Date: November 14, 2003

                        /s/ Pamela D.A. Reeve
                        --------------------------------------
                        Pamela D.A. Reeve
                        President and Chief Executive Officer
                        (Principal Executive Officer)