I just wanted to reiterate my BUY on Cosan Ltd. Unlike the action we saw this past week from the steel's and coal companies selling off while the underlying continued to to march on like Macy's was going out of business and this was the last day to get that fancy L.V. bag for the coast of taking the family to Chuckey Cheese for dinner.
The story is simple... for evey liter of corn based ethanol you get better than 2 liters of cane based ethanol. Thats right folks why would you pay 1.70 per liter for fake and sugary when for .70cents you cann have pure cane.
Not to mention with the difference you could grab a 1/2 ear of corn with (w/butter) puts you over budget.
Congress will get thier way eventually and with Cosan's announcement earlier of a big pipe and production hikes coming on stream in 4yrs.
The 14 billl for of fuel will still be sold here in the U.S. before the the final gavel is swung while P.T.Barnum and Hugo Chavez hold hands on thier way to the big Citco in the sky
$13.82 (07/04/08)
