Leah Industries, Inc. (OTC-BB-LEAH) Message Board

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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH)

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To: Kelton who wrote (1946)	6/1/1999 2:41:00 AM
From: Kelton	of 2153

About that last post of mine, I was merely speculating that Sibmach manufacturing division may actually be less lucrative than anything else that Leah has its hands on. Sorry, my point wasn't worded very well. About two months ago, I spoke with an executive at Teton Petroleum, a company with offices in Canada that is drilling in Siberia. (Also a nice profitable company for me). I got the impression at that time, before oil prices took a turn Northward, that their own suppliers of parts at that time were almost giving them away, because they were so cheap. That led me to decide that it could only be the least profitable aspect of SibMach, profitable as it may be. Oil is really the main source of profit. But it helps immensely to have vertical integration in a company instead of having to rely on other suppliers, (not to mention nice deals with Gazprom, etc). So, if Leah and SibMach are going to sell this division , it must be because the price they can get for it is greater than the value of having an integrated manufacturing business in their operations over the course of business within the next couple of years.

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