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Replies to post #733 on China Sun Group Hi-Tech Co. (CSGH)

Replies to #733 on China Sun Group Hi-Tech Co. (CSGH)
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chrich12

12/29/09 11:28 AM

#735 RE: IPO$ #733

Thanks
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Kung Fu Panda

12/29/09 12:50 PM

#736 RE: IPO$ #733

Wow! That sure was a thorough response.
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2morrowsGains

12/31/09 2:08 PM

#742 RE: IPO$ #733

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