glads262... "is the demand for coal going down in the next 5 years"
Probably not lets see what carbon trading impact is, as 5 years is along time in this market. What is the demand for a cash strapped stock with a process not yet proven commercially going to be. The market is full of stocks going to the public with hat in hand to fund their future.
What I am saying is if this sale falls over the sp will be very vunerable to shorters,and short term traders who dont see the wait worth it.
You and many others have a problem with short term traders, it takes all types to have a market both with stability and liquidity. Both have their place. I have been in this stock since 27cents but must balance where its going with where others are going NOW.
As for XINWEN its not just coal in the ground its also about accessability to infrastucture the mine life compared to the infrastructure cost plus much more as you probably know. The world is full of coal in the ground its not a scarse commodity.
Needless to say an announcement will come out just to show this little mushroom his place. ... Cheers :)
LNC Price at posting:
$2.15 Sentiment: None Disclosure: Held
