Replies to post #1267 on China Sun Group Hi-Tech Co. (CSGH)

[Ecomike]

IIRC the 8-K disclosed who the consultants were, and someone here said they were attorneys involved in M&As.

I like this company because its operations are in China, it controls a substantial amount of the rare earths in China used to make cobalt-lithium oxide based batteries and anodes, and China has set export limits that basically cut off exports of these materials to the US, Japan and Korea, meaning non Chinese Lithium ion battery makers are screwed on supplies for several years now while other countries try to crank up lithium, cobalt and other rare earth metals production used in these batteries. With shorts killing the china stock prices, it makes the coming bottom on these Chinese lithium ion battery and raw material suppliers a no brainer BUY for 2 year time frame!!!!

Note that I said coming bottom!!!! I believe this one, and several others I already own shares of in this sector, will not only survive, but will rally hard by year end, or early next year.

The only real question I see is where is the bottom to buy at. I do not think that will happen till July-August, and it will depend on what Washington does with the debt ceiling, and the mexican stand off that is coming (freight train heading for a brick wall).