Seeking Alpha

L&L Energy soars after refuting GeoInvesting allegations

  • L&L Energy (LLEN +46.8%) produces documentation it says repudiates allegations posted last week by GeoInvesting that the company does not own the LuoZhou and LaShu mines.
  • LLEN says its SEC Form 10-K report for the year ended July 31, 2013 states that it acquired the mines by purchasing equity interests in Union Energy subsidiaries.
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