The reality of CLME is that it is a risky stock just like any other pink sheet stock. I do believe that as investor with a large investment in CLME that we are in a much better place than we were 12 months ago. If commercialized cellulosic ethanol biorefineries were so easy to build they would be building them all over the world.
There is a very good reason why the "experts" think that commercialized cellulosic biorefineries are still 4 - 5 years away. The technology is in the final stages of being tweaked to lower the cost and increase the output of these facilities.
I really don't care if people buy or sell this stock but it is important to note that we have made some good progress in recent months. If Tom is able to continue to make these small steps into 2008 I for one will be a very happy investor.
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