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Re: IPO$ post# 733

Thursday, 12/31/2009 2:08:34 PM

Thursday, December 31, 2009 2:08:34 PM

Post# of 2470
CSGH's response ties right in with what they said earlier this year...

"Low Cost, Higher Margins. Sources of raw material to make lithium iron phosphate are extremely rich and inexpensive in China. The actual cost of the materials is one-fourth the cost of cobalt, and profit margins are twice as high compared to cobalt oxide."
http://www.china-sun.cn/Demo_eShowNews.asp?news_id=207

3 "CHEER's" for the NEW YEAR...

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Information posted by 2morrowsGains is opinion only and is not to be taken as investment advice.