Lignol Energy Corporation V.LEC

long base line

[M101]

Couple of years worth of resistance in the .15-.20 range but if you like technicals you like a long base line for a big run.
I'm in for 500,000 at .105, picked it up on the way down starting at .12.

[brunton2bc]

On the 5 year chart it looks like LEC was north of $2.00 back in 2007.

[SlumdogMillionaire]

That it was my friend, that it was.

[M101]

I was wondering about that, what's the story? thanks

[naccomatose]

Were there as many shares back in 2007?Thanks.

[TheRock07]

It was $2 in 2007 and was then a biofuel upstart at a time when biofuels were really big.The market and oil price collapse in 2008 resulted in LEC turning its business model upside down.Its main aim now is to develop new commercial products from the lignin waste whose commercial returns will make the cost of biofuel production, as a byproduct, very cheap.Things are now moving in consonant with