I recall some discussion last year about gross margin improvement with the mine. I've checked my notes, as well as the company's initial news release, but I can't find any estimates of the level of gross margin improvement.
Anyone else out there remember if the company did in fact provide any indication of expected gross margin improvement?
Suddenly, We start seeing all shorters and bashers when stock start moving upward, If you guys have good strong evidence about YONG product show your face like Morgan Stanley does it. Dont hide like a girl behind the curtain or make up blogger name. Act like u guys have ball . No way you guys can do that. Morgan Stanley has ball and everyday showing you guys How big is the ball they have . :)))))
Richard X .... do u have ball man ??? Tomorrow start short this stock knock it down to 5.00 than I am gonna believe you have ball. :))))) As I indicated this morning buying pressure is building up. A lot of others will follow the MS foot step. MARK my WORD It is gonna double digit before 5 quarter.
"They have also said that they will not operate the mine as that is not their speciality. Do you recall anything different from the above?"
BTW, the only reason I responded to Ian today was because of the newbies who have appeared on this board. I just wanted to clue them in about Ian, a.k.a. 'Richard', a.k.a. ecd, etc.
You have a great day, too.
Nice to see you posting again NYPD. Replying to comments made by others, I do not recall YONG management ever stating what the affect will be on their margins if they are granted a license for the mine. I think they were looking for a reliable source and consistent pricing. They have also said that they will not operate the mine as that is not their speciality. Do you recall anything different from the above? Have a great day with you know who...
nypd: The $35-million mine does not exist (not will it ever), so of course it cannot have any impact on any gross margins. Satisfied?
Here is the evidence:
"nypd: What does Mr. Zishen Wu say about the owners of the alleged mine, the ones that allegedly got $35 million?"
Stick to the subject at hand instead of going from left field to right field.
I responded to your previous post to me. What is your response to that post?
As usual, you're grasping for straws, Ian. Pretty pathetic, if you ask me.
"nypd: Here is what I know. YONG has no license to operate any mine. YONG only has a license to "explore" this area:"
Nah, you know more, Ian. You just don't want to put it to paper.
Here, I'll help you. "ENJOY":
"Mr. Zishen Wu, Chairman and Chief Executive Officer of Yongye stated, "We are pleased to receive this permit which will allow us to apply for and obtain final approval for production development of this project site after we complete standard exploration work with professional third parties."
nypd: Here is what I know. YONG has no license to operate any mine. YONG only has a license to "explore" this area:
It is quite populated, no?
And the recipient of the "mine" money, Shuntong, is a fake entity.
"rafael: Believe what?"
Here's his response, d-head:
"Such a mine does not exist (not will it ever), so of course it cannot have any impact."
BTW, Ian, don't you have a proofreader (i.e., "not will it ever)? Journalists usually do. Even wannabe journalists.........