China Growth Stocks

[GorillaGorilla]

LLEN - well they are on record for doing a round of new mine buy and upgrades. So, I expect there will be some dilution, as you know, thus far they have been very sucessful at purchases - using a few million for each mine. The new mines they say are bigger and they also say that they picked lowest hanging fruit already. So, it could be more expensive this time around? Dunno. $15 M cash and the mine they sold for, think, $6M in cash coming in installments.

Anyway, we can see their earnings estimates are low. I don't see how they can spend $15M + financing and end up without making more EPS. But hey, lifes full of surprises.

rich