RE: RE: Higher lows, higher highs... It's hard for me to see a double weekly bottom, DC. I'm not sure if you are thinking that an announcement of EM's leaving would tank the stock to that point. Not clear. But, I don't think his leaving is going to hurt the stock as much as you might think. Given the weight of the present board, I think will balance any shock of Moy's leaving especially since it's been telegraphed for a period of time. Actually the staff, as I believe Bar pointed out looks much more like a 'real' coal company and much less like 'Someone's' trying to impress potential stockholders with prominent govt names. Moy's name on the board and staff led to more legitimacy for the company but I believe LLEN has got past that 'cloud'.
I will stick my neck out, as I often have only to have it handed to me, and say that from the looks of the chart that breakout could be closer than we might expect. It isa very steady and deliberate climb.
Also, I think the catalyst could be several things (after all Fong targeted year end for the next mine acquisition). Possibilities: further advancement of partnership Guangyeh, possibly; another contract for coal sales; production numbers out of Weishe.
The 'swap' for UE#2 does leave a huge lump in the throat. BTW, with the slow death of coal USA, dontcha just wonder how Bowie's bottom line will effect our income? Wonder how that is going? And some hard numbers out of PY would be nice.
Sharpei