GREY:LBEFF - Post by User
Comment by
ExSudburyGuy2on May 26, 2008 3:55pm
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Post# 15111247
RE: JMHO
RE: JMHOJMO too of course.
But I still think LBE needs to come up with something better than a mine that will be able to produce at capacity for a year. That being McWatters. Sure it'll make them a bit of money but it's very short-term.
People don't rush in to buy stocks in companies that look to have a profitable year.
People can have all the conspiracy theories they want, but the fact is right now Liberty's a company with not much of a pipeline, or future visibility. They'll have to come up with something that shows they can make money on an on-going basis.
Right now, all we know is they should have a decent '09... if things work out.