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Bullboard - Stock Discussion Forum L&L Energy, Inc. LLEN

"L & L Energy Inc is currently engaged in the business of coal mining, coal consolidation, and wholesaling in the People's Republic of China and its operations are conducted in the coal-rich Yunnan Province in Southwest China."

OTCPK:LLEN - Post Discussion

L&L Energy, Inc. > Mobius Bullish on China Coal
View:
Post by chsharpei on Oct 03, 2012 8:15pm

Mobius Bullish on China Coal

Mark Mobius, Wall St titan quoted September 27: '“These companies are not only mining but also producing power and the demand for power is insatiable in China and everywhere else in the world,” said Mobius. The Hong Kong-based executive chairman of the Templeton Emerging MarketsGroup, which manages about $40 billion in assets, said he’s “bullish” on coal companies....' (https://www.bloomberg.com/news/2012-09-28/mobius-bullish-on-china-coal-as-valuations-rise-from-lows-1-.html) along with T. Boone Pickens optimistic call on CNBC a couple of weeks ago, predicting $4.00 natgas (That should be easy given prices @ $3.40 today.

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Winters of 2012, 2013, 2014 Could be Frigid

AccuWeather.com Long Range Expert Joe 'B' believes there is a significant chance for particularly frigid winters in 2012-2013 and 2013-2014 into 2014-2015.

'B' said these winters could be similar to winters of the late 1970s.

He said, "While the most consistent of the cold is to the north, severe bouts of cold deep into Texas and Florida would be capable of affecting agriculture more so than we've seen in that last 20 years or so."

Sharpei

Comment by brotherM1 on Oct 03, 2012 11:11pm
buy coal now
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