GREY:LBEFF - Post by User
Post by
Nickel77on Jul 22, 2010 12:24pm
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Post# 17288642
Full Production Ahead!
Full Production Ahead!LBE recently announced that Redstone Mill attained full production; I don’t think anyone was really expecting the stock price to leap forward overnight. In my opinion, Investors of LBE, as well as any potential investors are more than likely wanting to see one “quarter” of full production, before they decide to invest further. In the coming weeks, the “second quarter” results will be out. Although April / May were not high production months, June was much better, and it should give us a clear indication on what to expect in the following quarter at full production. Getting to a level of full production has been a long haul for most of us that continued to believe in this stock; but LBE has now accomplished that goal. With having the ability to now take actual numbers to Brokers, Houses and Funds; the company is in a very good position to prove it will be a great investment moving forward. In my opinion, as long as Ni stays in the vicinity of $ 8.00 - 8.50 lb, LBE’s future is very promising. By year end, I believe you will be kicking yourselves for not picking up a few more shares at today’s prices.
Enjoy your summer
Nickel77