GREY:SLKEF - Post by User
Post by
drillbit2008on Jan 26, 2010 7:21pm
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Post# 16721819
Again this all boils down to
Again this all boils down toAgain this all boils down to where the ISM Langmuir property sits. Right, smack dab in the middle of of LBE territory. LBE needs / wants it because they cannot be profitable long term, say 4-6 years from now. In fact LBE is unlikely to ever be profitable with all that Chinese debt hanging over their heads. We know what happens when they can't pay up. They lose more of their company....boo...hoo! The absolute best they could ever do is only losing 51%, and thats already happened. Ya it really sucks to be a LBE long term shareholder...they really got the shaft on that one.