GREY:SLKEF - Post by User
Post by
doingthejobon Nov 02, 2011 11:02pm
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Post# 19204319
My Shallow & Simple Puppets
My Shallow & Simple PuppetsWell Boys,I haven't been here in awhile, but I see that you boys are still living the delusional dream. The Chinese have a tight grip on LBE, and all of the returns on existing established reserves, but you boys are in denial when it comes to getting any meaningful return on LBE. ISM still has a book value of some 60 cents per share, with 32 cents per share being cash in the bank or equivalents. LBE is bleeding at $6M per year, $510,000 per month, or some $18,000 per business day in financing costs to JJ with a total debt of some $80M and will do so for at least the next six months (or more). Shake your heads you bunch of delusional clowns -- LBE has already moved any returns on Hart out of LBE, in a legal and systematic way. But, again, we have to look at the players in this game and say to ourselves -- LOSERS! Watch minority LBE sink into oblivion while JJ laughs all the way to the bank. It just makes my day! Nickel, I really feel motivated in saying that you are one simple, desperate, and misguided soul -- so you better keep that day job. Victor doesn't have to worry as he mooches off his kids, and grandchildren! P.S. You should get out while you can as LBE is going to 4 cents!