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Bullboard - Stock Discussion Forum
Lignol Energy Corporation
V.LEC
Utilities
Utilities - Independent Power Producers
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TSXV:LEC - Post Discussion
Lignol Energy Corporation
> Get over yourselves...
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•••
moneythree
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Post by
moneythree
on Aug 18, 2011 1:43am
Get over yourselves...
All of you...this company is going nowhere slowly. The burn rate is too high, management is top heavy and producing...producing....producing...nothing.
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•••
2guys
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Comment by
2guys
on Aug 18, 2011 9:38am
Actually moneythree, the company seems to be somewhere slowly, but that's how it is when introducing a new Green product into a $2 billion market.I wouldn't say the burn rate is too high. Actually they've cut costs and that's due to HP-L Lignin, one of their products coming out of R&D stage and into hopefully commercialization soon after tes results are received from
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willpelly
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Comment by
willpelly
on Aug 19, 2011 11:07am
moneythree, while your post was certainly useful in the sense that it's always good to take a step back and relook at our investments objectively, in this case the evidence is that LEC is a tiny company with huge upside potential that is actually moving quite quickly on a number of fronts (engineering for commercial-scale plant, patents, deals and agreements, R&D actual results, trial
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