am i, page-2

Good post Pelm.

I've only got a small holding, and have been tempted to load up, because I still think the project is ok.

But, and its a big BUT.

The danger in all of this is our "partners"

As all companies dealing with the Chinese know, very rarely do they keep their word on any of the deals they have struck.

All that remains in this case is for them to sit around and make sure PLV does not perform some way or another and any surplus cash flow does not come back to shareholders.

Ultimately they will finish up owning the whole shooting match, while the other shareholders get nothing.

Bottom line for me is to just sit on my small holding and see how it pans out.