Replies to post #28070 on Sino Agro Food Inc (fka SIAF)

[viking86]

I'm mostly interested in seeing some signs that this company is for real. I would take anything at this point.

we already discussed this a few times. The best warrant of them being real for me, as I have said a few times, is the personal money invested by the JV partners that allowed them to build almost a dozen different projects. Hard assets that are very real and cost much hard cash to build. Cash that SIAF does not have. We know all the projects are real, very "muscular" in the words of Sly who spent 2 weeks in China last year touring them all. For example, the wholesale center WC1 in Guangzhou Market is huge and is open now, for hundreds of people to see every day. You can fake one or two projects but how do you fake a dozen projects like these? I donot know of any argument more logical than that. But you keep coming back on that.

Not sure what any other argument would convince you. I know what you would say: CCME, LPH... I know them all. But none of them has the element of local Chinese involved with their own money. You can say these partners are "fake". But how do the projects get built then?