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L & L Energy, Inc. Message Board

  • unemon1 unemon1 May 23, 2013 5:32 AM Flag

    China factory activity shrinks for first time in seven months:

    Terrible news for all the Coal Players in China. Lower Energy Demand = Lower Coal Consumption = Lower coal Prices = lower coal Sales!

    waaw ... that's really a terrible news for LLEN

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    • I am saying it since a while ... coal consumption and coal prices are going down on a daily basis .... I track'em on a regular basis and do not see the bottom ..... keep going down, only down .... and coal stocks are soaring ... I expect a 20% correction in prices over the next few weeks .... margins are gonna collapse for most producers and many of them are going to report heavy losses ....

      LLEN will not of course ..... they pump their bottom line in any event ....

0.0623-0.0106(-14.54%)Oct 22 3:23 PMEDT

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