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Lustros, Inc. Message Board

  • udayarc udayarc Jun 10, 2013 1:46 PM Flag

    Best Penny Stock to Buy

    Looks like this is a winner. Has some good news came in for LSTS last week. Expected to reach 3 dollars in next 5 months.

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    • I hope so. I have faith in them.. go LSTS.

      • 1 Reply to henryhckim
      • Some pressure here on short selling -- what a steal LSTS is at 38 cents/share! Won't the shorts be surprised now that Lustros is easing into positive cash flow with the sales program ramping up. In a couple of months the 5000 tons/month processing capabilities should be translating into 5 million/year profits, and that is only the pilot phase. When the permits to increase throughput to 15,000 tons of raw materials per month come through (expected by the end of the year as LSTS demonstrates safe handling of their 5000 ton capabilities), the profits should increase to about 15 million/year and growing as the management has revenue to reinvest in additional processing capabilities. Copper Sulfate is currently a billion dollar worldwide business with about half coming from China (tainted by heavy metals from recycled scrap -- not great for dietary uses!). Very clever of LSTS to come up with their proprietary methods for extracting Copper Sulfate from virgin copper in the waste tailings from copper mines. Their primary mine itself is appraised at nearly the market cap for the entire company, and that doesn't count the plant, machinery, etc. CEO William Farley knows what he is doing by investing millions of his own money in this business. He is a class act (donated 3.5 million to Bowdoin College for an athletic field house, board of the Chicago Lyric Opera and numerous charitable organizations, concerned with fair business practices and healthy conditions for employees, etc.). LSTS isn't your typical penny stock. With the management heavily personally invested around .50, and (if my research is correct) a short squeeze likely at a little over .70/share, this stock has good possibilities for both the short and long term.

0.06-0.01(-14.29%)Oct 20 3:47 PMEDT

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