| |
Andy,
I have no news to report. Did you receive the Lenox Lief, the new newsletter? The annual meeting is July 22, and I sure hope we get some news then. I have talked to KK last week, and expressed (again) in the strongest terms the absolute need for the company to supply investors with timely news. He said that all is progressing as planned, but nothing else of substence was gleened by me from him. I have heard rumors (and so has Dan) of foundry contracts for Xyloy being in the works. (my sources state that this is with Ford) This is however unsubstatiated by me, or Dan.
So, as I said at the beginning of this post, no news to report. Lenox is, as far as I am concerned, still a great story waiting to unfold, and I have placed my bets accordingly, having loaded up on LENP to the gills at around C$2. I have learned to have patience with this one. Nothing I have heard points to problems. Yes they are slow in reporting, yes contract negotiations with car manufacturers take time. If I were not to my limit in LENP, I'd be buying more.
Hope this helps,
Michal |
|
