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northenlightsk05

05/24/11 8:32 PM

#2041 RE: Minding #2039

Hi Minding,

I will not buy any OTC BB listed Chinese stocks until the sector is cleanned up.

There are other stocks that have similiar appreciation potential, but carry much lower risk.

For example, LLEN and LIWA. both list on Nasdaq and have good liquidity:

LLEN, a US company, has coal mine and washing operation in China. It has excellent growth prospect with only forward PE<3.

LIWA, a Chinese company, is buying back its own share in the open market and CEO also bought 40K shares Monday this week. It also has great growth profile and with forward PE=4.

I continue buying LLEN and LIWA.

Best Regards.

Northern