L&L Energy soars after refuting GeoInvesting allegations

|About: L&L Energy, Inc. (LLEN)|By:, SA News Editor

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.