L&L Energy, Inc. LLEN

RE: RE: L and L debt to equity

[brotherM1]

Well you certainly won't hear TBone touting any coal; he's invested in and pushing the politicians for NG.  The preponderance of what I've read tells me the worst of the NG glut is over.  Everybody has their own agenda.  I believe I just read the other night though that the EIA though is seeing an upwards move to $4-6 in the next couple of years.  Many extraneous factors though could come into play (e.g., EPA is starting to find sites and study more for too much methane; if TBone gets his way with the Legislature, trucks will be using NG and hence greater demand; greater demand will also be created if US starts exporting NG; shale sites will find their costs going up as they go deeper...)    The lowest estimates I've seen for NG to be profitable are around $6 average minimum.

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