GREY:LBEFF - Post by User
Comment by
legend7on Jul 21, 2010 6:09pm
181 Views
Post# 17286408
RE: Millwright, Legend --> Dilusional!
RE: Millwright, Legend --> Dilusional!Doing the Job?
Legend goes as far as to say that it would be illegal for LBE to commitall future profit (if there is any after the JJ "rape") to explorationrather than pay dividends to its shareholders -- NOT! --
Where did I say this?
I think you are crazier than Trailor and Rocksolid or at least a close cousin or something.
Obviously people are disappointed with the share price I am too I believe LBE is worth more than what it is trading at but there is no mad rush to be buying right now we are in the middle of summer and we need to show the ability to pay down and off our debt. We will be able to show more signs of it when the second quarter comes out especially June where we were close to full production. The 3rd Quarter will be much better as we should be at full production the whole quarter. I think the market is waiting for the numbers especially the big guys I don't think they are worried about JJ pulling the rug out from under LBE (minority shareholders in Canada have rights) and no Institutional holders have been selling this year so that is a good sign.
We have been dropping on pretty low volume when we start showing numbers it won't take long to have this stock up where it should be.