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Grozny

07/05/11 11:17 AM

#98267 RE: TenKay #98266

I'd say it is dependent on how long the SEC investigation is. Word from IR is that LLEG is working diligently to address the SEC's concerns. We can only hope that the SEC does a thorough, yet expeditious investigation.

Recovering Stock Junkie

07/05/11 1:00 PM

#98301 RE: TenKay #98266


Short term for me is 3 months. When the paperwork is filed I am not sure how long it will take to be approved. Just the announcment that it is filed will be big. I am way down, as is all of us at the moment, but I still see this going forward. There is just too much at stake for PSNH, Birlin and the State of New Hampshire for everyone to bail now. It is going to happen. The big obsticals have been crossed, Power Argreement and Site Evaluation Committee are behind us. Once this glitch with the financing is done were on our way. The problem is not that Cate Street doesn't want to fund the project it is the 6 smaller power companies trying to leverage their position knowing they have Laidlaw over a barral. This will all work itself out. WHEN, well that I can't tell you as I am not in the inner circle. I am sure that Mike and the PSNH reps are right on top of it. That I can be sure of.