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We're back to even. What was that big drop all about?
No typo. I was holding 5 mil with a profit of a little over $1400 the 500K cost me a little over $1900 so my cost for the 5.5 Mil was about $500. What did I spell wrong?
Nice rebound!! Picked up another 500K at .0038 yesterday. I'm now holding 5.5 mil that cost me about $500 and loving it.
I'll Gladly give you $1375 for 25 million shares.
Volume 10 Mil at 9:55
I'm Holding 5Mil, They cost me nothing, I actually made some money to boot. But I'm still kicking my A$$ for not buying more at .0003.
Concord Steam can't find anyone to buy the power from the plant they propose to build. That's why they're so pissed.
This was in yesterday's Concord Monitor
Concord Steam's years-long effort to build a new wood-burning plant in the South End remains stalled as the company tries to find customers for the electricity it will generate and financing to build the facility, which has a price tag above $70 million.
The company's attorney, Richard Uchida, is scheduled to appear tonight before the city planning board to request a one-year extension for the project, which was originally approved by the body in 2008.
Without the extension, permission for the project would expire Dec. 17 and Concord Steam would need to go through the approval process again to build the plant on a nearly 36-acre site at Langdon Avenue and South Main Street.
"We're hoping to start things soon," said Concord Steam President Peter Bloomfield, adding, "We've been delayed 2½ years-plus now, so I've been saying this for a long time. We're going to start as soon as we can, basically."
Concord Steam provides heat to about 200 buildings, mostly in downtown. It wants to build a new plant to replace its facility on the state hospital campus. The 30-year lease on that property was set to expire in August but was extended for three years.
Land for the new plant, which would burn wood chips and produce 17 megawatts of electricity in addition to heat, was bought in 2007. The city zoning and planning boards okayed the plans in 2008. The zoning board's approval, valid for two years, was extended an additional year in February.
The cost was estimated at $70 million, though Bloomfield said that's likely risen. He did not have an updated figure.
"It's going on three years, four years since we started this project, so prices aren't getting cheaper," he said.
The facility was once expected to be completed this year. The problem, Bloomfield said, is that Concord Steam can't secure financing for the plant until it finds customers for the electricity produced there.
The New Hampshire Electric Co-op has committed to buying a 40 percent share, and a utility in Reading, Mass., will buy 33 percent, he said. But a second Massachusetts utility backed out of the project earlier this year. That 27 percent hole remains to be filled.
"We've got some positive leads," Bloomfield said. "One thing, we're trying to talk and work through the details to see if we can sell the power directly to the state of New Hampshire for use in state offices. We already sell them the steam, but it's more complicated to sell them the electricity."
Once the electricity is sold, the money should start to come together, he said.
"We've got some financing groups lined up, but they've basically said, 'Come to us when you have a final deal, and we'll see what the numbers are,' " he said.
Bloomfield has said the current plant is inefficient, leading to higher costs. The new plant is expected to lead to lower rates.
The city council in April gave the project a 50 percent break on its taxes. Instead of an estimated $1.2 million in tax payments by the company, Concord Steam will make an annual payment in lieu of taxes starting around $564,000 for 17 years.
But the city's involvement at this point is minimal, according to Carlos Baia, deputy city manager for development.
"We're very hopeful that they can move forward. . . . We just have to wait and see," he said.
(Ben Leubsdorf can be reached at 369-3307 or bleubsdorf@cmonitor.com.)
If LLEG has already sold the rights to the Berlin plant, Does any of this matter?
Do you do that on porpoise
RE 1,200 Megawatts from Canada
Though hydroelectric power helps lower carbon emissions, the energy from the project would not count toward the state's renewable energy portfolio, because it is a large-scale plan, Long said. In 2006, Lynch announced the "25 by 25" program, which sets a goal for the state to derive 25 percent of its total energy used from renewable resources by 2025. The project and the power it brings will not compete with smaller, local renewable energy sources, Long said.
http://www.concordmonitor.com/article/220187/power-plan-44-percent-tax-infusion
There is a bright side to all the paper mills closing up in the north country. It sure will smell a lot better up in Berlin. The Laidlaw biomas plant will just smell like a wood stove. Maybe it will become a tourist destination.
Low Volume. I don't think anyone is selling
Jackpot penny stocks is saying LLEG is going to be one of the hotest stocks of 2010.
GO LLEG!!!!
I've got a million offered at a buck want them?
Some of the people on this board would probably buy three.
Why would you buy 3 cigars for 50 cents when you can get 2 twice for the same price?
Looks like the long weekend has started. It's realy getting colorful here in central NH. Great color this year. It looks like some resistance at .0023/.0024 today.
I've been reading all the posts about people being worried that LLEG sold their interest in the Berlin project. I thought that was the plan from the begining and they were going to lease it back with the option to buy at a later date.
Probably cow manure
digiholic posted just after noon and my trade went through around 12:08.
Really strange. I had a buy in with ETrade for 500,000 at the ask of .0032 for about an hour and I saw a post that the price would be dropping more. I went and canceled my buy order and just after I canceled the order was filled and my cancel was rejectet.
HMMMMMMMM!
Not worried. I'm holding 5 Mil now and they cost me nothing.
Just bought another half Million at .0032
Just bought another half Million at .0032
I just checker NHPR's Schedule and I don't see anything about an interview with Laidlaw or Michael Bartoszek.
Man am I loving this day. I first bought this stock starting a year ago. I am now holding 4.5 Million shares at a cost of .0004. I had 5.5 Million but I sold a million last October at .0053. So the 4.5 million are all free and I made $1540 to boot.
GO LLEG!!!!!
Make that 4.5 Mil.
Loving it closed at .0037 I'm holding 3.3 Mil at a avg. cost of .0005 Go LLEG!!!!