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The Long Case for Gushan Environmental Energy

Agree with Chillvesting -

Looking at today's valuation - a lot of this potential fraud seems to be built into the price.

If they have anywhere near the current assets they claim - and if oil bumps up a bit and/or China keeps growing at all - its worth a small risk IMO.

China should come out of this downturn in a better position than many countries.

Any reverse in the global economy could send energy up significantly.

Feedstock for their 'product' isn't going away (Chinese have to eat) - and demand for the product should increase long term.

Only downside seems to be fraud on a VERY massive scale.

I'll take a shot with a small amount of $$$.

Should be fun to watch how this plays out...