RE: Haywood resumes buying"If you owned a pulp or plywood mill would you be planning the next green upgrade now or conserving cash and just doing minor research while the recession runs its course?"
Well, after reading the plans that PLET (Pure Lignin Environmental Technologies) put out, they're planning to start construction of their retrofitted 2nd generation bio-refinery this Fall.
They are taking over a closed down, corn-based ethanol plant in Jasper, Tennessee and converting it into a cellulosic feedstock plant that will be producing what Lignol is planning to produce in the next couple years, but using their own patented technology of course.
Not only that, but they've applied for funding assistance with the USDA (US Dept. of Agriculture) and the DOE (US Dept. of Energy) which they are qualified for since they are building their plant in a rural area and employing 'x' amount of people there.
What's stopping Lignol, Obama?
Again, M101 without sounding negative and at the same time trying not to defend Lignol's management, I believe it's time that they deliver. Not just that, but I haven't had any of my emails returned, ever. That to me is not a privilege for shareholders of a public company. Yes I could've called, but heresay is not my preference.
Hopefully things turn around, soon. atb