RE:RE:RE:RE:Buy lac !!!!Not really , f he worked for LAC , he would be breaking the code of silence , these guys never give out any information or make any news releases.
All the stuff he posts is usually out of date info anyway , and he never answers anone elses posts in any meaningful way , always just cuta and paste .
I'm sure this so-called "management" has a reason for keeping quiet , something that will benefit them in the long run , some reason for keeping the price depressed until a deal is made .
So they can issue themselves and POSCO millions more shares when the deal is made , then when the price starts to move , they can sell out with a big profit before most long term holders can break even , that's usually how these @$$hols work , they don't want competition when it comes time to sell.
Really , any respectable management that care about shareholders would be making news releases as the story progresses , the shipment of mill , the arrival of mill , completeion of mill , startup , initial indications of progress , etc. , etc. , .
These guys will sit quiet and issue millions more shares to POSCO as well as themselves and cash in as soon as it hits $1 or so.
That's whay I am hoping for a buyout , it would be the best deal in the long run , but really , the only one that would buy it at this point is POSCO , and they could certainly afford it.
Oh well , that's investing , if it looks like that will happen , I will cash out at 75¢ or so with a bit of profit and beat these @$$hols to it.
I guess we can only wait and see.
Six months is a long time , but they won't have the plant up and running until January , so I just can't see much happening before that.