I have been a passionate supporter of Linc since it listed and christened it "the green monster".However after much soul searching I sold half my holdings two days ago.Reasons....
1)I am a little bit concerned about the production of liquids.Are they producing 10 barrels a day,1 barrel or 10 liters ?Maybe it is not so easy to do it on a commercial scale
2)Theresa is not a done deal.(and now we have homeytheclowns post)
3)It will be at least 3 years before the real plant is up and running.There will be delays and cost over runs.
4)Why the $2.90 placement if Teresa is in the bag?
Anyway I still think Linc has tremendous potential but in this market I felt it wise to sell half.
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- well i have reduced my holdings
well i have reduced my holdings
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