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L&L Energy, Inc. LLEN

Metals & Mining Industrial Metals & Minerals
"L & L Energy Inc is currently engaged in the business of coal mining, coal consolidation, and wholesaling in the People's Republic of China and its operations are conducted in the coal-rich Yunnan Province in Southwest China."


OTCPK:LLEN - Post by User

L&L Energy, Inc.
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Post by brotherM1on Oct 30, 2012 12:39am
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Post# 20537881

First Hidili and now

First Hidili and now

Yanzhou. I guess lower coal prices probably partly due to US exports had/have a big impact. And I know Guizhou is in a far more isolated world. However, I just can't help but to think that a lower Chinese coal tide will lower all boats. Also, looks like my correction before the election prognostication is continuing (DOW futures now down 110 from down 70 this morning). Any thoughts?

https://www.businessweek.com/news/2012-10-26/yanzhou-discount-swells-on-loss-as-adrs-tumble-china-overnight

Disclosure: Not short but waiting patiently to get back into L and L after having nervoulsly sold the boat last week ;)

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