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Bullboard - Stock Discussion Forum L&L Energy, Inc. LLEN

"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 Discussion

L&L Energy, Inc. > Buyout not likely .03 % chance
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Post by raceagainstthestorm on Jan 19, 2013 4:23pm

Buyout not likely .03 % chance

Just not anyone out there that is willing to buy into that local market, 2 of the mines are fairly modern, but we still have yet to see any inside mine activity, not much Equip. except for some loaders, conveyors, and possibly conveyor scaling, a few wash plants(how can you really verify the reserves, if you can't verify the numbers, one of my big questions)...yahoo says 1100 employees, really, where are they, and where are all the vehicles, or did they all walk to the mine carrying a pick, mines located in non populus areas)

Wall St is NI, "Not Interested" for some reason, at these prices you would think someone would buy some chunks...opt exp was meaningless, not many contracts that had any meaning to the MM. Sold 50% of my position(at a loss) after spending hours looking at the numbers and past filings.(Where is Robert?)

Just don't feel it is going anywhere, ever. Sorry, just toooo many questions.

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