OTCPK:LLEN - Post by User
Comment by
old-and-in-the-wayon Jan 22, 2013 3:45pm
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Post# 20873887
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What we KNOW is that they are also frustrated with the "orphan" staus in the US and are looking to do something (HK??). And we can comfortably surmise that there are mines of 1-3M output, too small for the larger mines up north, that could be made available.
I don't think they would announce this board meeting if they did not have some opportunities up north. The question is can management divert its attention (and resources). Until now, they have been reluctant.
So, do I know specifically that Yang has a deal in hand - no. I do know that he has been pounding internally for over 6 mo, to focus on opportunities up north. They seem to be listening. How far can he take any discussions without knowing if he can go forward. This Board meeting should free him up, along with a HK listing decision.