L&L Energy, Inc. LLEN

RE: RE: RE: RE: China mine closures (est 5000)

[barsolid]

Yes, more mine purchases are likely, just limited in size and scope if for no other reason than lack of capital and operational abilities.  And yes, Llen has a real line with the big 4 Commerce Bank which is very important.  I'm not sure when you got involved with Lllen, but Ping Yi was a complete disaster with almost no output due to gas problem closing.  I am just not sure how they intend to run mines in Guizhou and also in Inner Mongolia at  the same time with the management in place and the expansion in distribution does them no good whatsoever if they are mining up north.  The railterminal is in guizhou.  Just saying that a real coherent defined and implemented plan is necessary (this is coal mining , not an internet startup).  One which is completely doable under less that optimum conditions and I have yet to see this.  Jmho