wheel... Would you please post links to those articles. I thing that real challenge will be when Chinese Government introduce new tax of 3% to 5%. It is expected that producers will pass that on buyers but market will get a hick up. Devaluation of dollar should more that compenaste for the new tax too. I bought more on margin at $10.50 last Friday. I expect stock at $12 to $15 this month. One of us will be right. TIA
PS How will Chinese Government freeze import prices?
China government is super concerned about inflation now because the US intends to flood dollars which will help exports from the U.S., but boost commodity prices world wide. Plus, China inflation policy making may be flawed due to bogus cost/price information sources inside China. Unlike the U.S. which lets market forces rule policy, China could just issue an edict that could really hurt LLEN and other coal miners and processers. Remember that LLEN is really a coal processor and distributor and does little actual mining. LLEN only got coal mines recently and profitability is not proven yet.