Gushan Environmental Energy Limited (GU) Message Board

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Gold/Mining/Energy : Gushan Environmental Energy Limited (GU)

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To: Torah Wolfe who wrote (6)	3/29/2008 11:55:21 PM
From: Rock_nj	Read Replies (1) of 26

GU had negative earnings for the 1st quarter because of a one time charge related to the IPO; a debt that needed to be converted and accounted for on earnings. Looking forward, without more one time charges, GU has an increasing earnings trend for two years. The problems GU faces are the price of their feedstock cooking oil and whether the Chinese government will allow them to raise prices. Chinese is still communist and has the price of diesel capped by price controls, otherwise their earnings could be off the scale.

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