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Bullboard - Stock Discussion Forum Lignol Energy Corporation V.LEC

TSXV:LEC - Post Discussion

Lignol Energy Corporation > Consolidating in the mid-high Teens...
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Post by 2guys on Apr 25, 2011 1:50pm

Consolidating in the mid-high Teens...

Seems that the price is consolidating in this range, but it also seems to have found support in the mid-teens.

The next news release should push it higher if positive, and that is what the market seems to be expecting.

Depending on how long for some news on development, but I don't see too much downside from here. 

Anyone know when we could expect something significant?  A JV deal would be IMO, the real kicker to propel the share price.  atb
Comment by chalkmarks on Apr 25, 2011 3:40pm
Given the recent flurry of news releases, I would think that Management is giving us a heads-up so that there will be no suspicions of front-running should a material deal be struck this quarter. It's been a long time coming, but  I have little doubt that something substantive is going to be put together with a big player; perhaps sooner than we think.Be right and sit ...more  
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