CNX - China is our future, page-10

I keep watching CNX ... I have not the foggiest what to make of it at the moment. My main concern is ... will the new owners do the right thing by retail shareholders? If so then CNX is a screaming buy.

LNC... while that Co looked like making it into the big league Peter Bond escorted Xi Jingping on a tour of the LINC pilot plant [when Xi was still about 3 or 4 down the pecking order of things] ... So.. have no doubts.. the highest authority in China is very aware of the UCG tech and took a personal interest in it.

I am very sceptical about deals with the Chinese ... because... I have seen example after example of sharp practices. The thing I don't like is the way they squeeze our companies after they sign a deal... the most common tactic I have seen is they gain control of the agenda and then institute a 'go slow' and it looks very much to my eyes it's all about exacting further concessions. Things only happen quickly with the Chinese when they are in a hurry.

That said I keep watching... certainly as the SP keeps drifting lower the risks are easier to take.